Aimed at wealthy Chinese people with a chauffeur and families: The fully electric Volvo EM90 can be purchased from the equivalent of 105,000 euros.
Image: Gustav Theile
The Volvo boss presents a new electric car in Shanghai, saying China is the “second home”. ZF Friedrichshafen also continues to rely on the People’s Republic – and instead has doubts about the EU Commission.
WWhile the European Union Commission is on a collision course with China when it comes to electric cars, European car managers are demonstratively committed to the world’s largest car market. In separate events in Shanghai, the head of the Swedish car manufacturer Volvo and the Asian board of the car supplier ZF Friedrichshafen presented ambitious plans for the People’s Republic.
Volvo CEO Jim Rowan unveiled a new all-electric van to 500 invited guests earlier this week that the company is targeting at wealthy chauffeur-driven Chinese and families. During the presentation, the Scot described China as the Swedish company’s “second home”, a phrase that other car executives also frequently use.