Why is Volvo betting huge on SUVs, possibly phasing out some sedans from their latest lineup.

Key sentence: 

• Volvo has introduced the C40 Recharge and claims that SUVs are currently more common among buyers.
• Volvo offers a wide range of sedans and wagons, but SUVs account for the majority of its sales.

A few vehicle producers are perceiving the staggering inclination for bigger vehicles in the SUV body type. Volvo is likewise conscious of this as it takes a gander at focusing on SUVs in the occasions to come. 

As per Hakan Samuelsson, CEO at Volvo Cars, there is a likelihood that a portion of the cars and carts in the organization’s present arrangement may clear a path for fresher contributions in the SUV section. 

While speaking to Hakan Samuelsson he admitted:

Addressing a UK-based distribution, Samuelsson conceded Volvo at present may have dreadfully numerous vehicles and carts; however, that SUVs are the place where the genuine interest is at. 

“Generally, we have had vehicles, carts and SUVs. Presently we sell around 75% SUVs, which implies we need more SUVs,” he said. “We currently have the C40 Recharge, and we’re arranging a more modest SUV beneath the 40-arrangement.” 

C40 Recharge is the latest EV:

The C40 Recharge is the furthest down the line EV to emerge from Volvo camp and claims to have a for every charge range more than 400 kilometres. Its plan is a conjunction of a customary vehicle and an off-road vehicle or SUVs. 

Likewise, the vehicle producer has the XC40 Recharge, which it wants to crash into India this late spring. 

Options in the SUV lineup is what is required:

Samuelsson is of the assessment that choices in the SUV setup are the thing that is required. “We need more SUV kinds of higher electric vehicles. 

That is the method of working at present and what we have in our advancement pipeline.” 

Affordable SUVs can help Volvo consolidate its position among rivals:

More modest and more moderate SUVs could assist Volvo with solidifying its situation among rivals, particularly in business sectors like China and India. 

And keeping in mind that it doesn’t seem that vehicles and carts would be deserted out and out, the charge in the EV space, at any rate, will be driven by SUVs pushing ahead, additionally because it is by. 

Large concurred that this body type is and will be supported by most purchasers across the globe.