Volvo Car Malaysia has today announced its electrification plans for the nation, kickstarted by the launch of the fully-electric XC40 Recharge SUV which will be locally assembled here in Malaysia.
A key strategy within Volvo’s plans here in Malaysia is to unveil a fully-electric model every year, starting from 2022. In that vein, the company has also teased the arrival of the C40 coupe SUV, which will be making its way into Malaysia later this year.
The company is targetting a 75% sales contribution from its pure electric line-up by 2025. By 2030, the company’s entire model line-up in Malaysia will be fully electric.
“By mid-decade, we’re aiming to reduce our overall CO2 lifecycle emissions per car by 40 per cent. This means more than simply reducing tailpipe emissions – electrification is not enough. We must reduce CO2 emissions across our operations and supply chain,” said Volvo Car Malaysia Managing Director, Charles Frump.
To enable its ambitious plans, Volvo Car Malaysia has also announced its commitment to locally assembling its fully-electric models here at its assembly plant in Shah Alam. With the assembly operations for the XC40 Recharge already begun, Volvo claims that it is the first luxury car brand in Malaysia to offer EVs in CKD form.
Aside from local consumption, these vehicles will also be exported to the neighbouring countries, making Malaysia a main EV hub for Volvo in the entire ASEAN region.
