Siemens and Volvo join forces on EVs
Thu 01 September 2011
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Chinese-owned Swedish automaker Volvo and German technology providers Siemens have agreed a strategic cooperation to advance the technical development of electric vehicles. The two companies will be developing and integrating electrical drive technology, power electronics and charging technology in the Volvo C 30 Electric.
Volvo Car Corporation starts small-scale production of the Volvo C30 Electric this year, and in 2012 the company will start selling the Volvo V60 Plug-in Hybrid. Volvo will be delivering up to 200 cars for the Siemens internal test fleet by the end of next year.
Doug Speck, who is senior vice president for marketing, sales and customer service at Volvo, said in January that the company is making the introduction of hybrid-powered and fully electric models in the United States a higher priority than introducing diesel vehicles there.
Siemens says that it aims to position itself as a global system provider of technology both inside and outside of electric vehicles.
Volvo, which Ford Motor Co sold last year to China’s Zhejiang Geely Holding Group Co., aims to more than double sales to 800,000 vehicles by 2020 from 373,525 last year.
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