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 <h1>Volvo Chief Has A Bold And Controversial Prediction</h1> May. 24, 2020 4:50 PM ET by Jay Traugott Electric Vehicles / 21 Comments He could be right.
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Volvo Chief Has A Bold And Controversial Prediction

May. 24, 2020 4:50 PM ET by Jay Traugott Electric Vehicles / 21 Comments He could be right.
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Victoria Lopez 4 minutes ago
Technological advancements have always driven the automotive industry forward, but never before have...
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Technological advancements have always driven the automotive industry forward, but never before have these changes come at such a rapid pace. Welcome to the era of electric vehicles, autonomous driving systems, and numerous other mobility solutions.
Technological advancements have always driven the automotive industry forward, but never before have these changes come at such a rapid pace. Welcome to the era of electric vehicles, autonomous driving systems, and numerous other mobility solutions.
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But now there's another wild card that's been tossed into the hand: the coronavirus pandemic. With no need to go into specific details, the pandemic has caused another global disruption.
But now there's another wild card that's been tossed into the hand: the coronavirus pandemic. With no need to go into specific details, the pandemic has caused another global disruption.
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Sophia Chen 5 minutes ago
The auto industry has been and continues to be greatly affected and some automakers will adapt to th...
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Scarlett Brown 9 minutes ago
Volvo Volvo Volvo Volvo "Electrification will go faster," he said. "It'd be good to promote new tech...
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The auto industry has been and continues to be greatly affected and some automakers will adapt to the new reality faster and better than others. According to a recent Financial Times Global Boardroom conference, via Autocar, Volvo CEO Hakan Samuelsson predicts the pandemic will lead to the end of internal combustion-engined vehicles faster than previously thought.
The auto industry has been and continues to be greatly affected and some automakers will adapt to the new reality faster and better than others. According to a recent Financial Times Global Boardroom conference, via Autocar, Volvo CEO Hakan Samuelsson predicts the pandemic will lead to the end of internal combustion-engined vehicles faster than previously thought.
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Harper Kim 4 minutes ago
Volvo Volvo Volvo Volvo "Electrification will go faster," he said. "It'd be good to promote new tech...
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Isaac Schmidt 4 minutes ago
Volvo Volvo Volvo "Demand in Europe is around 30% what it is normally, but demand in China is 20% ab...
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Volvo Volvo Volvo Volvo "Electrification will go faster," he said. "It'd be good to promote new technology - good for governments to support electric vehicles, which are more expensive in the first years." In addition, Samuelsson believes government-run programs like a second "Cash for Clunkers" is "a waste of money."
Bear in mind the Swedish automaker is about to launch the Volvo XC40 Recharge SUV and more EVs are on the way, so no doubt he developed an opinion on the matter long ago. However, the pandemic has altered global demand for new vehicles in general, but once the crisis passes, it would be "naive" to believe customers will rush to buy ICE vehicles.
Volvo Volvo Volvo Volvo "Electrification will go faster," he said. "It'd be good to promote new technology - good for governments to support electric vehicles, which are more expensive in the first years." In addition, Samuelsson believes government-run programs like a second "Cash for Clunkers" is "a waste of money." Bear in mind the Swedish automaker is about to launch the Volvo XC40 Recharge SUV and more EVs are on the way, so no doubt he developed an opinion on the matter long ago. However, the pandemic has altered global demand for new vehicles in general, but once the crisis passes, it would be "naive" to believe customers will rush to buy ICE vehicles.
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Christopher Lee 10 minutes ago
Volvo Volvo Volvo "Demand in Europe is around 30% what it is normally, but demand in China is 20% ab...
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Emma Wilson 10 minutes ago
"Europe and the US need to have more manufacturing jobs. We need to build cars where we sell them....
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Volvo Volvo Volvo "Demand in Europe is around 30% what it is normally, but demand in China is 20% above where it was before the virus. If those signals are right, they speak for a good recovery," he said. "I really hope this is the case, and anything else will be a disaster for the business." Another important pandemic-related observation Samuelsson noted is in manufacturing, specifically where automotive parts are built.
Volvo Volvo Volvo "Demand in Europe is around 30% what it is normally, but demand in China is 20% above where it was before the virus. If those signals are right, they speak for a good recovery," he said. "I really hope this is the case, and anything else will be a disaster for the business." Another important pandemic-related observation Samuelsson noted is in manufacturing, specifically where automotive parts are built.
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Scarlett Brown 4 minutes ago
"Europe and the US need to have more manufacturing jobs. We need to build cars where we sell them....
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Mia Anderson 3 minutes ago
We can't rely on China to build everything." Volvo Volvo Volvo Source Credits: Autocar

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"Europe and the US need to have more manufacturing jobs. We need to build cars where we sell them.
"Europe and the US need to have more manufacturing jobs. We need to build cars where we sell them.
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Christopher Lee 3 minutes ago
We can't rely on China to build everything." Volvo Volvo Volvo Source Credits: Autocar

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Madison Singh 7 minutes ago
Volvo Chief Has A Bold And Controversial Prediction CarBuzz News Features New Cars Used Cars Sell M...
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We can't rely on China to build everything." Volvo Volvo Volvo Source Credits: Autocar 
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We can't rely on China to build everything." Volvo Volvo Volvo Source Credits: Autocar

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Volvo XC40 Recharge LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top
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