Volvo Plans 13 New Cars This Decade in Biggest Product Push

Volvo announced its largest model lineup overhaul in 99 years: 13 new cars by the end of the decade. Seven models for Europe and the US on SPA2 and SPA3 platforms with 800-volt batteries, and six for China on Geely platforms. The company aims to double market share and raise EBIT margin from 3.5% to over 8%.

• 13 new Volvo models by end of 2030
• 7 cars for Europe and US, 6 specifically for China
• SPA2 and SPA3 platforms with 800-volt batteries
• Goal: double market share and EBIT above 8%