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Volvo recommits to Sweden with development of next-gen platform and engines

Taking into account the facts that Volvo is now owned by China's Geely and how poorly the European automotive market has been recently, we would have definitely understood if Volvo moved production of its products out of its home market. And yet, the automaker has confirmed that it will be investing billions of dollars into new platforms and engines that will be made in Sweden. On a global scale, Volvo is making roughly $11 billion of investments, and close to half of that is being earmarked for Sweden for plant expansion and upgrades.
The new Scalable Product Architecture (SPA) platform will be the used as the basis for most future Volvo products starting with the next-generation XC90 that will be debuting at the end of 2014. SPA will be used to make up two-thirds of Volvo's sales, and gives Volvo a quicker and easier break from Ford-derived platforms. As for the Volvo Engine Architecture (VEA) family of engines, there are really no details about this mill except that it will be a four-cylinder that is more fuel efficient than current engines.
Scroll down for the Volvo press release.

Which car companies are creating new jobs in America?

Since January, automakers have announced investments totaling $9.5 billion in U.S. plants, creating or retaining more than 12,000 jobs. Some of those companies have yet to announce just how many jobs will be created given their investments, with the location of many of those jobs still to be determined. Specifically, the 4,000-job Toyota-Mazda joint venture plant still hasn't announced its location, with numerous states jockeying for it. Hyundai has plans to invest $1 billion but has not announced a jobs number yet. And likewise Ford is investing $1.2 billion in Michigan without specifying a number of jobs. Volvo this week announced plans to add a second line to its factory under construction in South Carolina, spending another $500 million and adding 2,500 jobs to the 2,000 it was already trying to fill. Then Thursday, Daimler announced a $1 billion expansion to its facility in Tuscaloosa, Ala., to produce EV batteries and electric SUVs, a move that will add 600 jobs to its hiring this year. Above, we've created a handy pie chart showing you which companies have announced new jobs and how many there will be. Reporting by Paul Lienert in Detroit News Source: Reuters Plants/Manufacturing BMW Chrysler Ford GM Honda Hyundai Mazda Mercedes-Benz Toyota Volvo jobs

2022 Volvo XC60 Recharge First Drive Review | Pumping up the electric range

PALM SPRINGS, Calif — It may not look like it on the outside, but the 2022 Volvo XC60 Recharge is a substantially updated plug-in hybrid SUV. In fact, the entire XC60 line is refreshed for the 2022 model year, but weÂ’re going to zero in on the Recharge PHEV.  Volvo let us spend a day behind the wheel of the newly-announced “extended range” Recharge model in sunny California, and we came away with far more feelings than expected from this Swedish crossover. Just so everybody is on the same page, the “extended range” Recharge represents a mid-model-year refresh of the XC60 Recharge. There were 2022 model year XC60 Recharge models sold prior to today that featured the same electric hardware as prior model years, and therefore featured the old EPA-estimated electric range of 19 miles on a full charge. The “extended range” model that we drove bumps that all the way up to 36 miles, nearly doubling the previous range. Volvo says that these new “extended range” models are the ones shipping to dealers now, not the older model. This is definitely something to be aware of in later years should you find a used 2022 XC60. So, how has Volvo found this much extra range? The big difference is in the battery pack, going from an 11.6-kilowatt-hour pack to an 18.8-kWh pack. Volvo managed to package a third layer of cells into the pack that it didnÂ’t have before, and it did so in the same space as before — it continues to run along the carÂ’s spine in the center tunnel area. Volvo claims that this more energy-dense battery pack will take 5-8 hours to charge when hooked up to a 240V power source, so you should easily get a full charge by leaving it plugged in overnight, assuming you have the applicable charging hardware.  This new battery pack is paired with a totally revamped powertrain setup. The layout is the same as before. That means there is an electric motor positioned on the rear axle that drives the rear wheels and a gasoline engine in front that exclusively powers the front wheels, thereby giving the XC60 Recharge all-wheel drive. To our delight, both the electric motor and the gasoline engine are new this year. The new rear electric motor represents a big power boost, with 143 horsepower greatly surpassing the old motorÂ’s 87 horsepower. Ultimately, this means that the XC60 Recharge is now significantly more enjoyable to drive in its purely electric mode (aptly named “Pure”).