Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Volvo sets new goals for autonomous vehicles

June 10, 2018, 05:00 PM IST by Bilal Ahmed Firfiray
Volvo sets new goals for autonomous vehicles

-    The Swedish carmaker is aiming for 33 per cent of total autonomous sales by 2025.

-    Almost half of the sales are expected to be from its subscription service.

-    And 50 per cent of the global sales will be from the electric cars by the middle of the next decade.

Volvo is aiming big for its autonomous and electric vehicles by the year 2025. The Swedish carmaker is planning for 33 per cent of its sales to come from autonomous vehicles. By the year 2025, almost half of the vehicles sold will be from its subscription service. Meanwhile, the electric car will comprise 50 per cent of the total sales.

Volvo wants to transform from being a simple carmaker to being a “direct consumer services provider”. The ‘Care By Volvo’ subscription service which was launched with the XC40 was previously aiming at 20 per cent of sales by 2022. Volvo's autonomous technology is developed by Uber. The ridesharing/taxi cab company is currently testing a fleet of XC90s for perfecting the autonomous system. Despite the fatal pedestrian collision that happened recently during one of the testings, Volvo is set to supply 24,000 XC90 SUV to Uber between 2019 and 2021. 

The autonomous system is presently working on Level 2 in all the cars on all the Volvo’s line-up. The carmaker will now skip the Level 3 and jump straight to the Level 4 system with the help of Uber. The Level 5 autonomy won’t happen until it becomes foolproof, according to the carmaker. Their very own autonomous car will arrive in 2021. Meanwhile, the first all-electric Volvo is due next year. It will share its electric powertrain with parent company Geely’s electric vehicles.

Hakan Samuelsson, president and CEO, Volvo Cars Corporation, commenting on the newly set goals, said, “This paves the way for Volvo Cars to continue growing fast into the middle of the next decade. The company has been transformed since 2010 into a global premium car company. Now it's time for this transformation to be turned into a period of sustained profitability in line with other premium brands.”

  • Volvo
  • Volvo XC40
  • XC40
  • FaceBook Logo
  • Twitter Logo
  • Email Logo
Show CommentsHide Comments

Volvo XC40 Price in India

CityOn-Road Prices
Mumbai₹ 51.42 Lakhs onwards
Bangalore₹ 51.47 Lakhs onwards
New Delhi₹ 48.39 Lakhs onwards
Hyderabad₹ 47.96 Lakhs onwards
Chennai₹ 48.87 Lakhs onwards
Kolkata₹ 45.93 Lakhs onwards
  • Upcoming Cars

Maruti Suzuki S-PressoMaruti Suzuki S-Presso

30th Sep 2019

4L - ₹ 7L
Renault Kwid FaceliftRenault Kwid Facelift

Sep 2019

3L - ₹ 5L
Audi New A6Audi New A6

Sep 2019

50L - ₹ 60L
Tata Tiago FaceliftTata Tiago Facelift

Oct 2019

4L - ₹ 7L
Nissan Leaf EVNissan Leaf EV

Oct 2019

30L - ₹ 35L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in