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.
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Volvo is currently rolling out three car safety technologies--City Safety, Pedestrian Airbag, and Pedestrian Detection--as part of its goal that "By 2020, nobody shall be seriously injured or killed in a new Volvo".
Beginning next week, Polestar, Volvo's in-house tuning brand, will release its newest performance packages for Volvo T6 engines.
Volvo has developed a new way to place batteries in hybrid and electric vehicles.