Volvo is showing off two new concept cars that point to plans to expand its offerings in the small car segment with battery-powered vehicles packed with autonomous driving technologies.
The “40 series” concepts are based on the automaker’s new Compact Modular Architecture (CMA) platform, which has been designed to accommodate pure battery propulsion as well as Volvo’s Twin-Engine plug-in hybrid powertrain.
“Volvo plans to have sold a total of up to 1 million electrified cars by 2025 globally,” the automaker said in a press release. The company is still also committed to its Vision 2020 plan, that “no one shall be killed or seriously injured in a Volvo by the year 2020.”
Related: Volvo shows off the future of self-driving car technology
Besides offering a “full range of innovative connectivity services,” the 40 series cars will also come with “the world’s most advanced standard package of safety features and ground-breaking Scandinavian interior design.”
The automaker says a production version of the 40 series concepts should hit showrooms some time in 2017. It also has plans to release a larger-platform full electric car by 2019.
