As the all-electric segment continues to grow, Volvo is looking to grow with it, expanding its battery-powered offerings with several fresh models to be released over the next few years. However, rather than developing all-new vehicles, the Swedish brand will instead modify its current lineup with hybrid and all-electric iterations of existing nameplates.

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The Full Story

Like many of the other major automakers out there, Volvo has big plans for the all-electric and hybrid segment, both of which will get a big boost in the near future. The Swedish automaker says it hopes to produce as many as 800,000 all-electric and hybrid vehicles annually by 2020, but it won’t get there with any new nameplates.

That’s the news as reported by our friends over at Autocar, who spoke with Volvo’s Lex Kerssemakers, the make’s Europe, Middle East and Africa top brass.

“It would be nice to have a convertible or a coupe. It’s the cream on the cake but you don’t need it to survive,” Kerssemakers told Autocar in an interview. Kerssemakers later said that any new models would arrive after the self-appointed 2020 EV deadline.

In case you didn’t notice, 2020 is just a few years down the road, so it makes sense for Volvo to add extra batteries to the current lineup, rather than going through the difficult and time consuming process of developing all-new models.

Kerssemakers also added that electric vehicles should make up approximately a quarter of its lineup by 2025, a rather hefty sum considering the Swedes achieved record sales for a fourth year in a row back in 2017, moving some 571,000 cars total.

“We cover 98 percent of the market with out current portfolio. Our electrification goals show we are taking it very seriously and we are rapidly expanding our electrified powertrains,” the Volvo boss stated.

So what should we expect? It looks as though Volvo will release models like the XC40 hybrid later this year, followed by an all-electric version afterwards. Also look for a V40 hatchback to arrive some time next year.

What’s more, Polestar will get in on the action with it’s own hot-to-trot models. Best known for its high-performance go-faster iterations of various Volvo nameplates, Polestar is expected to unveil an all-electric production model related to the Concept 40.2 model in the not-too-distant future. Rocking a coupe-like roofline and hatchback body style, the EV should offer upwards of 310 miles per charge.

And although Volvo won’t release any new models in the next two years, it does look as though it will debut a new SUV coupe and convertible some time after the 2020 calendar change.

With so many other automakers pouring money into EV development, Volvo’s freshly electrified lineup should keep the Swedes lean and mean.

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Read our full review on the 2018 Volvo XC40.

Read our full review on the 2017 Volvo V40.

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