Volvo has yet to release an autonomous car, but it has some big goals for them. Volvo has revealed that it expects one third of all its cars sold to be autonomous driving cars by the middle of the next decade.
This new goal is in addition to Volvo’s expectation that half of its annual sales will be fully electric models and half of its buyers will choose the Care by Volvo subscription service.
“Our customers’ expectations are changing rapidly. This means that Volvo Cars is also changing rapidly. These initiatives will help transform Volvo from being purely a car company to being a direct consumer services provider,” said Hakan Samuelsson, president and chief executive.
To meet its electric car goals, Volvo is going to invest heavily in new EVs over the next few years, this includes electrified versions of the XC40 and the upcoming S60.