volvo-xc40-launchThe Volvo XC40 compact SUV will be unveiled later this year according to research and development boss Henrik Green. He was speaking to Autocar magazine at the Detroit Motor Show

The XC40 will be based on Volvo’s new Compact Modular Architecture (CMA) and will rival the BMW X1 and Audi Q3. Green also said that a new range 40-series models will be launched, that includes a replacement of the V40. He also added that more SUV models will follow the XC40.

This year will also see the second generation XC60 SUV being launched. Green said: “The XC60 is our biggest-volume car that sells broadly in Europe, China and America. It brings significant profits so is crucial in many aspects. [The new model is] a fantastic car, a big step forward.”

Volvo is also looking to launch its first all electric car in 2019.

“We believe strongly in electrification,” Green said. “We are working very hard on our first full EV. In 2019 it will be on the road. This is not a one-off. It will be followed up by more products. I see EVs as a significant part of our portfolio, a wide range.”

Despite the predicted rise in EVs and growing pressure on diesel, Green said Volvo is continuing to develop diesel engines.

“How long [diesel has left] is very difficult to say,” he said. “I believe electrification will start to come and there will still be a place for diesel next to it. Then you argue on the switch. Right now, we’re developing diesels. For how long is one of the questions to focus on.”

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