Volvo ramps up V60 Plug-in Hybrid production due to strong European demand
The carmaker says its Plug-in Hybrid is seeing increased demand, especially in Holland, Belgium and Italy. As a result, production at its Torslanda plant in Sweden will be increased continuously from 150 to 282 units per week. All in all, Volvo Cars will produce 7,600 plug-in hybrids in 2013 with a 2014 target of 10,000 units.
╘We are exceptionally pleased that the V60 Plug-in Hybrid has received such a fantastic reception among consumers. However, I am not surprised. Our Plug-in Hybrid is a unique car, superior to all other hybrids on the market,╒ said Peter Mertens, senior vice president research and development at Volvo Car Group. ╘Since the Plug-in Hybrid has been integrated into the established production flow together with other car models, we have the flexibility to quickly adapt to the increasing demand.╒
The Volvo V60 Plug-in Hybrid is the result of close cooperation between Volvo Car Group and the Swedish electricity supplier Vattenfall. The two companies have financed the development project jointly.For more of the latest industry news, click here.