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Volvo Car Group has sold more than 600,000 CMA platform cars since launch

Jerrica · Aug 4, 2020 06:11 PM

Volvo Car Group has sold more than 600,000 CMA platform cars since launch 01

First introduced in 2017 as part of Volvo Car Group’s goal to produce a highly-flexible vehicle platform, the Compact Modular Architecture (CMA) platform now underpins 600,000 vehicles worldwide since July 2020. The number is achieved in less than 3 years!

The CMA platform was co-developed by Volvo Cars and Zhejiang Geely Holding (Geely) after Geely acquired the Swedish brand in August 2010.

Volvo Car Group has sold more than 600,000 CMA platform cars since launch 02

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Thanks to its modular design, Geely is able to share the platform across other affiliated car brands like Lynk & Co and Polestar.

Since its first debut in the hugely-popular Volvo XC40, the platform has also been used to create the Lynk & Co 01, 02, 03 and 05 as well as the upcoming 2020 Geely Preface and the pure electric 2020 Polestar 2.

Volvo Car Group has sold more than 600,000 CMA platform cars since launch 01

Deliveries for the CMA-based Polestar 2 and the newly introduced full electric Volvo XC40 Recharge have yet to start, but Volvo is confident that once deliveries commence later this year both cars will continue to drive sales on the successful platform.

With a blink of an eye, it has been 10 years since Geely acquired Volvo Cars. Volvo has completely revamped its product portfolio and transformed the business to become a global player in the automotive industry.

Volvo Car Group has sold more than 600,000 CMA platform cars since launch 02

Volvo went from selling just 449,255 cars in 2011 to over 700,000 units in 2019 alone. That is more than double its revenue from 2011 and has gone a long way to help strengthened their operating profit.

Now Volvo Cars have set their sights on a fully electric future intending to have half its global sales volume consist of fully electric cars by 2025 with the rest being hybrids.

Volvo Car Group has sold more than 600,000 CMA platform cars since launch 03

Polestar 2

At the moment Volvo has already kick-started their efforts with the launch of the Recharge range starting with the Volvo XC40 Recharge.

Jerrica

Writer

There isn’t a time in memory that doesn’t involve staring at cars. After discovering the excitement of watching Schumacher vs Hakkinen, Formula 1 became a major part of life. The love for cars and F1 ultimately led to a job with CAR Magazine. The untimely death of the magazine meant a hiatus from cars at lifestyle women’s magazine Marie Claire before another opportunity came knocking again.

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