Recently, Volkswagen Kanche obtained Volvo's future product planning from related channels, and the company plans to launch a new pure electric SUV in the next few years, which is a product positioned between the XC60 and XC90. The car will be produced in China in 2024 and will also be produced at Volvo's plant in Ridgeville, South Carolina, starting in 2025.
According to sources, the new car, code-named V546, is expected to be the third battery-powered model produced at the South Carolina plant, with a length of perhaps between 4700-4950mm, which will be built on Volvo's upcoming electric platform and will be equipped with advanced driver assistance systems.
However, the electric car, believed to be inspired by the styling of the brand's Recharged concept, will first be produced at a Volvo factory in China, which is expected to produce about 60 percent of the car's annual output starting in 2024.
The remaining 40 percent of the roughly 100,000 cars Volvo plans to produce each year will be manufactured in South Carolina. Volvo's 2.3 million-square-foot assembly plant in South Carolina, an hour's drive northwest of Charleston, will play a central role in Volvo's transition to electric vehicles and will soon produce only electric vehicles.
After investing $118 million, the plant will begin manufacturing two electric vehicles next year, with successors to the Polestar 3 and XC90 both produced at the plant starting in 2023, and the V564 being the third electric model to be produced at the plant. The plant, which currently produces the Volvo S60, left the plant last year with an estimated 23,000 vehicles, which is significantly lower than the 150,000 cars it is capable of making each year.