2002 Volvo S60 Turbocharged 2.4t Sedan 4-door 2.4l on 2040-cars

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Volvo bringing Chinese-built cars to America beginning next year

Just because the penetration of the American automotive market by Chinese brands hasn't quite happened yet doesn't mean that Chinese-built cars are far off. According to a new report, we could very soon see long-wheelbase Volvo S60s that were assembled in the People's Republic arriving on US shores.
The report comes from Automotive News China, which cites an anonymous Volvo exec. An official Volvo spokesperson later corroborated ANC's report, although where the original source claimed that we could see the Chinese-built S60L in US dealers at some point in 2015, the company line was that a timeline hadn't been established to begin exports from the world's most populous nation.
According to Volvo, the benefit to exporting from China to the United States rather than from Sweden is the relationship between the US dollar and the Chinese yuan. Overall, it's a less tumultuous issue than the dollar-to-euro situation. By moving vehicles from China to the US, the Chinese-owned company is limiting the degree of risk it's taking with sudden currency swings.

China's Geely to add $4.6 billion battery plant in EV push

BEIJING — Geely said on Monday it would build an electric vehicle battery factory with a planned annual manufacturing capacity of 42 gigawatt hours (GWh) in China's eastern city of Ganzhou, as it expands its EV lineup in the world's biggest car market. For comparison, the Tesla-Panasonic Gigafactory in Nevada announced an expansion last fall to just under 40 gigawatt hours. The total investment in the project by Geely's technology arm will be 30 billion yuan ($4.6 billion), according to a separate statement from the local government. Geely's technology group has previously invested in Ganzhou-based EV battery maker Farasis. The planned factory comes after Geely announced a flurry of tie-ups in January aimed at turning the automaker into a leading EV contract manufacturer and engineering service provider, as it fights the incursion of EV leader Tesla. Geely, which owns Volvo Cars and a 9.7% stake in Daimler AG, is competing with Great Wall and Nio, among others. China's government has heavily promoted new energy vehicles (NEVs) — such as battery-powered, plug-in petrol-electric hybrid and hydrogen fuel cell cars — in response to chronic air pollution, spurring interest from technology companies and investors alike. China forecasts NEVs will make up 20% of its annual auto sales by 2025 from around 5% in 2020.   Green Plants/Manufacturing Volvo Electric Geely

Volvo V60 Polestar speeds into view

Send us photos of a new wagon out testing, and you've got our attention. Send us photos of a fast wagon lapping the Nürburgring and, well, we're just as giddy as can be. Our spy shooters just blessed our inbox with some fresh shots of Volvo's new V60 wagon out testing in Polestar guise, sporting the same Rebel Blue paint job as the thunder-from-Down-Under limited-edition S60 Polestar, as well as an aggressive front fascia, huge wheels, Brembo brakes, a rear diffuser panel and a roof spoiler. Hello there, hot stuff.
Like its sedan counterpart, the V60 Polestar is expected to use a boosted version of Volvo's 3.0-liter turbocharged six-cylinder engine, pumping out something like 350 horsepower. To keep everything in check, that force will almost certainly be sent to the ground via all-wheel drive.
It's unclear if Volvo will sell the V60 Polestar as a limited-edition affair for our friends in Australia, or if this longroof hot-hauler will be offered in other markets this time. After all, Volvo is bringing the V60 over to American soil early next year, so consider our fingers - and toes - crossed.