New 2025 Volvo XC60 to gain estate styling and EV option
rival will be the first production car to be powered by batteries produced by the new joint venture of Volvo and battery company Northvolt, which is building a new battery factory in Sweden with a view to reaching an annual output of 50GWh by 2026.
It says this will be enough to power 500,000 cars per year, which is well over two-thirds of Volvo’s current overall output. Before that factory opens, Volvo will procure batteries for the XC60 replacement from Northvolt’s existing facility at a rate of 15GWh annually from 2024. Given the popularity of the current combustion-engined XC60, Volvo is likely to keep it on sale for a period alongside the new EV.
Importantly, it has strongly hinted that the EV will use the same SPA2 architecture as the XC90 successor, which can house both pure-electric and hybrid drivetrains, paving the way for both hybrid and electric versions to share the same design – clues to which were given by the larger Concept Recharge last year.
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