Volvo will outline the Strategy Update on September 17.
Before that, it'll reveal two electrified models, possibly plug-in hybrids.
Volvo is open to making cars for other brands at its Ghent factory in Belgium.
Volvo’s first half of 2026 wasn’t exactly stellar, with retail sales falling eight percent to 324,800 units. However, the Swedish company believes the remainder of the year will bring “significantly stronger sales.” There are reasons to be optimistic: EX60 deliveries began earlier this month, and order books for the flagship EX90 electric SUV are at an all-time high.
There’s also fresh metal on the way. In early fall, the Geely-owned company will take the wraps off two new models. While Volvo doesn’t go into specific details, it does say both are electrified, leading us to believe they’ll be plug-in hybrids rather than pure EVs. We wouldn’t necessarily expect entirely new additions to the lineup but rather updates to existing PHEVs, likely including facelifts with possibly larger batteries for greater electric range.
