Volvo’s CMA sales exceed 600,000
Volvo Car Group has announced that more than 600,000 vehicles built on its Compact Modular Architecture (CMA) platform have been sold since its 2017 launch.
The CMA platform was first used in the Volvo XC40, and due to its modular design, was used to create the Lynk and Co 01, 02, 03 and 05, as well as the pure-electric 2020 Polestar 2 and Volvo’s first all-electric model, the XC40 Recharge P8.
Deliveries of the new CMA-based Polestar 2, which will begin in August, will continue to drive sales on this platform.
Håkan Samuelsson, chief executive at Volvo Cars, said: “We are incredibly proud of these sales figures for our CMA cars. We have had 10 very successful years with Geely, and we will continue to leverage the excellent partnerships we have created within the group to pave the way for further growth and synergies.”
Since the acquisition by Geely 10 years ago, Volvo Cars has renewed its product portfolio and become the first traditional car maker to commit to all-out electrification, with the aim that by 2025 half of its global sales volume will consist of fully electric cars, with the rest hybrids.
It also aims to establish millions of direct consumer relationships through new forms of mobility, and it expects to play a leading role in the safe introduction of autonomous-drive technologies.