This reflects the company's ownership by Chinese interests, as China is the world's biggest market for electrified cars. China is also Volvo Cars’ largest individual market, with 2017 sales passing 100,000 units for the first time.
Last year, Volvo said that all new models released from 2019 will be available as either a mild hybrid, plug-in hybrid or battery electric vehicle.
Pictured is the new T5 XC40, debuting the plug-in hybrid powertrain for the car.
