Volvo has a goal.
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Volvo and Siemens announced today a partnership to co-develop a new EV based on the C30.
Last year, Volvo CEO Stefan Jacoby said the Swedish automaker planned to expand its presence in China, doubling sales by 2021 and securing at least 20 percent of the premium luxury market alone 2015.
Volvo today began production on a new class of four-cylinder gasoline and diesel engines.