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The Chinese Market Is Important for Volvo to Meet Target Volume of One Million Units of Green Vehicles

Janet Xu From Gasgoo.com| September 28 , 2016 17:55 BJT

Gasgoo (Shanghai, September 28)— Volvo released the 2025 Omtanke strategy of sustainable development on September 14, committed to values of safety, quality and environmental protection.

At the same time, the company released its target volume of one million units of alternative energy vehicles in 2025. Its R&D team in China, which consists of more than 500 talents, may also participate in the development of alternative energy vehicles.

Volvo may invest more to develop the Chinese market which remains promising due to governmental policies encouraging development of green vehicles. Target volume of one million units are made based on increasing demand in the Chinese market.

And Volvo may launch electric vehicles in 2019 and aims at the global market.

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