Latest news with #ES90
IOL News
3 days ago
- Automotive
- IOL News
Volvo confirms four new models for the South African market, and they're not all electric
Volvo says it combines the best aspects of a sedan, hatch and SUV. Picture: Supplied Volvo says its new ES90 combines the best aspects of a sedan, hatch and SUV. Image: Supplied Volvo Car South Africa (VCSA) is set to launch four key new models in the coming year, with the company confirming recently that the new ES90 Sedan was on the radar for local introduction, along with the EX30 Cross Country and updated versions of the XC60 and XC90 SUVs. VCSA was at the centre of controversy earlier this year after the importer closed around half of its dealerships, essentially only leaving sales representation in the three major centres, and service outlets in more remote regions such as the Eastern Cape. This, it said, was due to the company shifting its focus to an all-electric future. However, while the new Volvo ES90 and EX30 Cross Country are fully electric, the updated XC60 and XC90 vehicles will offer a choice between mild hybrid and plug-in hybrid petrol power. 'Our focus is clear: we are committed to offering South African motorists more choice as they make the transition to electric driving,' said VCSA's new managing director Grant Locke. 'These new vehicles, paired with our ongoing investment in our local operations and services, underline the fact that we are here to stay and grow.' What can customers expect? Here's a quick look at the four new contenders: Volvo ES90 flagship sedan Volvo says its new ES90 flagship sedan is the most advanced vehicle it has ever created. It also ushers in the brand's new 800-volt technology, allowing for faster charging as well as improved performance and efficiency. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading The vehicle can cover up to 700km on a single charge (WLTP). Picture: Supplied The ES90 can cover up to 700km on a single charge (WLTP). Image: Supplied Volvo says the twin-motor flagship version, fitted with a 106kWh battery, can cover up to 700km on the WLTP testing cycle. Equally impressive is that 300km of range can be added in just 10 minutes when the car is plugged into a 350kW fast charger. Like the new EX90 SUV, the Volvo ES90 is crafted around the SPA2 vehicle architecture and features the company's new Superset tech stack, consisting of a single set of hardware and software modules that will underpin all upcoming EV models. The cabin features Volvo's new-generation 14.5-inch infotainment system, with built-in Google and a 5G-capable operating system powered by Snapdragon and Qualcomm Technologies. The vehicle's advanced safety features are powered by an advanced array of sensors, including five radars, seven cameras, 12 ultrasonic sensors and one lidar device. 'This sensor set enables vision beyond human range to help avoid collisions and hazards on the road,' Volvo said. "Together with its powerful core computers, the ES90 continues our new era of safety we established with the EX90.' Volvo EX30 Cross Country Although the EX30 is already classified as a crossover vehicle, the CC treatment adds a few rugged touches to the mix, while simultaneously ushering in new adventure experience packages for customers. Local pricing and specifications for the EX30 Cross Country will be announced closer to the South African launch later this year. Image: Supplied The new model features a twin-motor all-wheel drive system and its ride height has reportedly been raised by 18mm. It also rolls on unique black wheels, which can be optionally fitted with 18-inch all terrain tyres. The full powertrain line-up for the EX30 Cross Country has yet to be announced but, depending on the model, it will cover up to 427km between charges, and charge from 10 to 80 percent in as little as 26 minutes. Volvo XC60 and XC90 facelifts While the all-electric EX90 flagship SUV and upcoming EX60 were expected to replace the petrol-powered XC90 and XC60 models, Volvo has now announced facelifted versions of the latter without any indication of when the ICE model will be discontinued. The ICE-powered Volvo XC90 has been given a new lease on life. Image: Supplied The two upgraded models feature distinct styling updates at the front and rear ends, including new asymmetrical grilles and fresh wheel designs. Inside, they feature Volvo's latest 11.2-inch free-standing touchscreen, boasting 21% sharper pixel density and enhanced functionality. The refreshed cabins also feature new materials, colours, and comfort features. Facelifted Volvo XC60. Image: Supplied While full local specifications will be released closer to launch, Volvo SA says both models will be offered with a choice of mild hybrid (MHEV) and plug-in hybrid (PHEV) powertrains. IOL Motoring
The Citizen
3 days ago
- Automotive
- The Citizen
Volvo SA confirms 3 new models, surprise sedan coming in 2026
Volvo Car South Africa has revealed the remainder of its plans for 2025, with the roll-out of three new models over the next five months and a surprise debutant in 2026, The Citizen reports. Even propulsion split 'We are committed to offering South African motorists more choice as they make the transition to electric driving,' newly appointed Volvo Car South Africa managing director Grant Locke said in a statement. 'These new vehicles, paired with our ongoing investment in our local operations and services, underline the fact that we are here to stay and grow.' Part of the Chinese-owned Swedish brand's reversal on going fully electric before 2030, a split in propulsion methods will be applied for the incoming models — two being hybridised and one fully electric, followed by a second EV next year. Models planned EX30 Cross Country Debuting first, the all-electric EX30 Cross Country will make its market premiere next month as the first to wear the Cross Country nameplate since the end of V40 Cross Country production six years ago. Set to become available in flagship Twin Motor Ultra guise only, the EX30 Cross Country will have the same 315kW/543Nm outputs as the regular EX30, but with a reduced range of 427km. XC60 and XC90 Next in line for a 'Spring' reveal — ie between September and November — the revamped XC60 will make its debut as one of the two mentioned hybridised models. Likely to join it at the same time is the refreshed XC90 that premiered at the end of last year as the first model to form part of Volvo's decision not to go 100% electric before the end of the decade. As in Europe, both will be offered with mild-hybrid or plug-in hybrid powertrains modelled around the stalwart 2.0-litre turbocharged Drive-E petrol engine. In the case of the XC90, range positioning will be below the electric-only EX90, while the XC60 will remain above the EX30 and the unchanged XC40. ES90 The mentioned surprise for 2026, the all-electric ES90 will mark Volvo's return to the sedan segment for the first time since the end of S90 sales two years ago. The spiritual replacement for the S40 and, to some extent, the S60, the ES90 will become the second Volvo after the EX90 to feature LiDAR in South Africa, with a projected range of 700km. Ruled out Surprisingly, the facelifted S90 has not been approved for South Africa, most likely due to pricing, possible overlap with the XC90, and limited demand in the premium D-segment. Also excluded is the China-only EM90, based on sister brand Zeekr's 009, and the revived plug-in hybrid XC70, destined only for the People's Republic.
The Citizen
4 days ago
- Automotive
- The Citizen
ES90 a surprise arrival as Volvo reveals rest of 2025 product range
Chinese-owned Swedish brand will have an even split of two hybridised and fully electric products coming to South Africa over the next five months. ES90 has been approved for South Africa before the end of 2025. Image: Volvo Volvo Car South Africa has revealed the remainder of its plans for 2025, with the roll-out of four new models over the next five months. Even propulsion split 'We are committed to offering South African motorists more choice as they make the transition to electric driving,' newly appointed Volvo Car South Africa Managing Director, Grant Locke, said in a statement. ALSO READ: Cross Country trekking Volvo EX30 en-route to South Africa 'These new vehicles, paired with our ongoing investment in our local operations and services, underline the fact that we are here to stay and grow.' Part of the Chinese-owned Swedish brand's reversal on going fully electric before 2030, a split in propulsion methods will be applied for the incoming models; two being hybridised and the other pair fully electric. Models planned EX30 Cross Country Debuting first, the all-electric EX30 Cross Country will make its market premiere next month as the first to wear the Cross Country nameplate since the end of V40 Cross Country production six years ago. EX30 Cross Country will formally debut in August. Image: Volvo Set to become available in flagship Twin Motor Ultra guise only, the EX30 Cross Country will have the same 315kW/543Nm outputs as the regular EX30, but with a reduced range of 427 km. XC60 and XC90 Next in-line, despite an official reveal date still being unknown, the revamped XC60 will make its debut as one of the two mentioned hybridised models. Restyled XC60 has been given the go ahead for the local market. Image: Volvo Likely to join it at the same time is the refreshed XC90 that premiered at the end of last year as the first model to form part of Volvo's decision not to go 100% electric before the end of the decade. As in Europe, both will be offered with mild-hybrid or plug-in hybrid powertrains modelled around the stalwart 2.0-litre turbocharged Drive-E petrol engine. Facelift XC90 will arrive, seemingly, alongside the updated XC60. Image: Volvo In the case of the XC90, range positioning will below the electric-only EX90, while the XC60 will remain above the EX30 and the unchanged XC40. ES90 Rounding the year off, the all-electric ES90 will mark Volvo's return to the sedan segment for the first time since the end of S90 sales some two years ago. The spiritual replacement for the S40 and to some extent, the S60, the ES90 will become the second Volvo after the EX90 to have LiDAR in South Africa, along with a supposed range of 700km. Ruled-out Surprisingly, the facelift S90 has not been given the go-ahead for South Africa, most likely as a result of pricing, possible overlapping with the XC90 and the lack of demand in the premium D-segment. Facelift S90 won't be returning to South Africa soon. Image: Volvo Another no-no is the China-only EM90 based on sister brand Zeekr's 008, and the revived plug-in hybrid XC70 destined only for the People's Republic. NOW READ: Volvo settles upon hybrid and EV future for 10 incoming models
Yahoo
19-07-2025
- Automotive
- Yahoo
Volvo Cars says turnaround plan on track despite Q2 losses
Geely-owned Volvo Cars has reported a significant loss for the second quarter (Q2) of 2025, with a group operating profit (EBIT) down by Skr10.0bn ($1.02bn) compared to Skr8.0bn in Q2 2024, reflecting ongoing challenges within the automotive industry. Despite this, the company said that its Skr18bn ($1.84bn) cost and cash turnaround plan is progressing as expected, with full effects anticipated in 2026. Q2 revenues fell to Skr93.5bn from Skr101.5bn reported in the same period of the previous year, and the EBIT margin dropped from 7.9% to -10.6%. The Q2 EBIT includes items affecting comparability of Skr12.9bn, comprising an impairment of Skr11.4bn and a Skr1.4bn restructuring charge. Excluding these items, the EBIT was Skr2.9bn, with an EBIT margin of 3.1%. The impairment charge was attributed to the adjustment of 'financial assumptions for the EX90 and ES90 platform', import tariffs, and delays for the EX90. Additionally, a one-time restructuring cost of Skr1.4bn was linked to a decrease of 3,000 headcounts. Retail sales also experienced a decline, with 181,600 cars sold in Q2, a 12% decrease from the same period last year. The Skr18bn turnaround plan, introduced in early 2025, is already having an impact, with the reduction of 3,000 positions underway, and nearly 1,100 employees having left the company. Volvo Cars said that it is taking steps to minimise material expenses, including leveraging synergies within the Geely group and partnering on procurement. The company is also reducing working capital and investment pace, easing off investment volume, as major investments are being made in new product architecture. This will bring cost decreases and performance improvements, starting with the new Volvo EX60. Electrification remains a key focus of the company, with analysts predicting that 'demand for fully electric cars' will continue to grow, potentially outpacing traditional combustion engine cars by 2030. Volvo Cars noted that it will 'refresh' its plug-in hybrid (PHEV) offerings, starting with the all-new XC70 extended-range PHEV, set to launch in China in Q3. New governance models are being implemented by the company in China and the Americas, and the local assembly of the XC60 SUV in the US will help reduce the effects of import tariffs. Despite a challenging 2025, Volvo Cars is focusing on driving sales, including the EX30 and the 90 Series electric vehicles. The EX60 is also on track to strengthen the company's electric lineup. Volvo Cars CEO and president Håkan Samuelsson said: 'Demand remains under pressure from the macroeconomic environment, tariff-related uncertainties and tougher competition. 'However, our turnaround actions are starting to show results. In a Q2 market with headwinds we made a clear improvement of free cash flow versus Q1 and our EBIT margin excluding items affecting comparability was slightly higher.' "Volvo Cars says turnaround plan on track despite Q2 losses" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Iraqi News
17-07-2025
- Automotive
- Iraqi News
Volvo Cars swings into loss on electric vehicles, tariffs
Stockholm – Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market. The net loss of 8.1 billion kronor ($830 million) was due to a 11.4-billion-kronor writedown in the value of its EX90 electric SUV and ES90 electric sedan due to production delays, higher development costs than planned and now US tariffs making sales there unprofitable. 'Demand remains under pressure from the macroeconomic environment, tariff-related uncertainties and tougher competition,' chief executive Hakan Samuelsson said in the quarterly earnings report. The Sweden-based manufacturer owned by China's Geely also took a 1.4-billion-kronor restructuring charge, having announced 3,000 job cuts in May. The group had booked a net profit of 5.7 billion kronor in the same quarter last year. Excluding exceptional items, it estimated its quarterly operating profit at 2.9 billion kronor, down from 8.0 billion last year. Retail sales of cars dropped by 12 percent by volume, while revenue fell by eight percent to 93.5 billion kronor due to lower volumes and the higher value of the Swedish kronor. That beat the analyst consensus of 88.2 billion kronor compiled by Bloomberg. Shares in Volvo Cars shot more than seven percent higher as trading got underway on the Stockholm stock exchange. Volvo Cars announced in April an 18-billion-kronor cost-cutting plan, part of efforts to navigate a car market buffeted by US tariffs and a costly switch to electric vehicles. It said then it would adapt to the increasing regionalisation in trade. And on Wednesday it announced it would begin building its XC60 SUV in the United States next year to avoid the 25-percent US tariffs applied to its vehicles. The company said it would no longer provide financial guidance for 2025 and 2026 due to 'external developments and increased uncertainties'.
