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Mobility

Volvo to launch 13 new models by 2030 in biggest lineup push

Volvo will launch 13 new models by 2030 as it expands its product lineup. It plans to roll out 7 models for the United States and Europe and 6 models for China, reshaping its range around electric vehicles and third-generation hybrids. The plan follows sales declines in the first half. Volvo aims to double market share and lift its EBIT margin before depreciation from about 3.5 percent in 2025 to more than 8 percent.

Industry

Volvo to unveil next-generation EX60 with conversational AI

Volvo has released teaser images and key specifications for the EX60, an electric version of its best-selling XC60 SUV, ahead of a Jan. 21 world premiere event. The company says the vehicle is built on the new SPA3 EV platform with a cell-to-body battery pack, large lightweight cast structures and a centralised computing system. It will also feature a Google Gemini-based conversational AI assistant and Volvo’s Hugin Core software architecture.