Volvo Approves Plans For Mystery New SUV
90628 Volvo Approves Plans For Mystery New SUV

Volvo Approves Plans For Mystery New SUV

“We’ll use it for a smaller car, where I think it’s very practical and smart for us to share that, so we can have a cost structure for a smaller car that’s very competitive. It’s difficult to push the CMA platform [the XC40’s chassis], which is a combination platform for EVs and combustion-engined cars, further down. So if you want to do a smaller car than XC40 then SEA can do it. We will use it for that.”

Samuelsson has previously been clear he believes a small vehicle can easily be premium, especially for Europe. Whether this will work for the US remains unclear because buyers here typically equate high price tags to larger vehicles. No specific timetable has been announced for the XC20’s launch, but given Volvo’s plan for half its sales volume to be EVs by 2025, a launch date is probably around two years away.

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