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Volvo Cars picks Ember Technologies chief Jim Rowan as new CEO

Jim Rowan (Reuters)   STOCKHOLM — Volvo Car Group has appointed Jim Rowan as new chief executive to succeed longtime CEO Hakan Samuelsson in March, it said on Tuesday. Rowan, currently CEO at U.S-based Ember Technologies, is taking over just months after Volvo wrapped up its initial public offering, the biggest in Europe last year. He will face the task of steering the carmaker towards its goal to sell 50% pure electric cars by the middle of this decade and electric cars only by 2030. "Volvo Cars is going through a rapid transformation of digitalization, which is why we wanted to bring in someone with global CEO experience from outside the automotive industry," Volvo Chairperson Eric Li said in a statement. Samuelsson joined Volvo's board in 2010 and has been CEO for almost 10 years, with his contract coming to an end this year. Before joining Ember in 2021, Rowan had been CEO of Dyson. Volvo, majority owned by China's Geely Holding, said Samuelsson will stay in his role until Rowan starts in March. Samuelsson will also leave the board, while continuing as chairman of electric vehicle maker Polestar. Polestar, in which Volvo owns 49%, aims to go public through a reverse merger with special-purpose acquisition company (SPAC) Gores Guggenheim. The deal is expected to close in the first half of 2022.  

Volvo announces design updates for XC40 Recharge and single-motor C40

Volvo announced a round of updates to the electric members of its portfolio. It gave the XC40 Recharge a subtle mid-cycle update that brings a new-look front end, among other changes, and it unveiled an entry-level version of the C40 Recharge with one electric motor. It takes a well-trained eye to differentiate the updated XC40 Recharge from the model that's currently in showrooms. Look closely and you'll notice that the lower part of the front bumper is more chiseled, the Thor's Hammer accents in the headlights are more, well, hammer-like, and the body-colored insert that replaces the gasoline-burning model's grille loses its frame. These changes bring the battery-powered crossover in line with the C40 Recharge and with the non-Recharge version of the XC40, which received the nip-and-tucked front bumper in November 2021. Volvo also notes that buyers will also have new upholstery choices, exterior colors, and wheel designs to choose from. XC40 Recharge models also gain pixel LED lighting technology. This system relies on individually-controlled LED elements to illuminate the road ahead without blinding other motorists; in a way, it occupies a middle ground between high and low beams. While this technology has been illegal here for many years, the NHTSA finished making the rules for adaptive headlights in February 2022 so they're on their way. Moving on to the C40 Recharge, a front-wheel-drive version with a single electric motor is now available in some markets as a cheaper alternative to the dual-motor all-wheel-drive model. It's fitted with a 69-kilowatt-hour lithium-ion battery pack, and it offers a maximum driving range of about 270 miles on the relatively optimistic European testing cycle. Volvo notes that charging the pack from 10% to 80% takes about 32 minutes when it draws electricity from a fast charger, but the firm hasn't provided technical specifications (like horsepower). For context, the existing dual-motor C40 Recharge is equipped with a 78-kilowatt-hour battery and its powertrain is rated at 402 horsepower and 487 pound-feet of torque. Its EPA-estimated driving range checks in at 225 miles, and it tips the scale at approximately 4,740 pounds. Volvo also restructured the trim level hierarchy in a bid to reduce complexity and make it easier for buyers to configure a car. Pricing for the updated 40-Series models hasn't been released yet, and neither car has been announced for the American market yet.

New electric Volvo crossover on the way, to be built in the U.S.

Automotive News reports that Volvo has a new electric crossover coming, the intel relayed by "two sources familiar with the plans." Said to be codenamed V546 at the moment, the new product is said to slot in between the XC60 and XC90. If size is a factor in its tweener placement, the XC60 is 185 inches long, the XC90 195 inches long, so the V546 could be about the length of the 189-inch Ford Edge. The sources claim it will ride on a new electric platform, which could be SPA2 bones that will support the coming electric XC90 and that the Concept Recharge electric crossover study (pictured) sits on. The Swedish automaker debuted the Concept Recharge in June last year as a template of future styling cues, sustainable materials, and advanced infotainment and autonomous technology. The AN piece says we'll see that some design and tech transfer into the V546. Out of a global production of about 100,000 units, 40% will be allotted to Volvo's plant in Ridgeville, South Carolina, to serve the North American market, starting in early 2025. That leaves an available capacity of 110,000 units out of the plant's 150,000-unit annual cap. The four-year-old plant builds just the S60 sedan at the moment — turning out roughly 23,000 units last year — but is transitioning to an all-EV assembly operation. Before the V546 arrives in three years, the Ridgeville facility will add the battery-electric version of the next-generation XC90, thought to be called the Embla, and the battery-electric Polestar 3, both hitting the market in 2023. Volvo Cars CEO Hakan Samuelsson has said Ridgeville will "be the only plant in the [Volvo Cars Group] which only makes full-electric cars."  And although it's fallen off the radar, we're still anticipating the new flagship XC100 to debut in 2023 as well. AN's Future Product Pipeline says the top model will come in six- and seven-seat layouts akin to what BMW and Range Rover do, with the six-seater bolting up captain's chairs in the second row. Ridgeville also gets the nod for this one, production said to begin in early 2023.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2022 C40 Recharge crossover