Volvo started manufacturing the C40 Recharge fully electric car at its facility in Ghent, Belgium. The C40 Recharge is Volvo's second fully electric vehicle and the next in a succession of new electric cars to be introduced in the future years. Volvo plans to sell solely electric cars by 2030 and be a carbon-neutral corporation by the end of 2040. The Ghent factory, one of Volvo's largest plants, is an essential element of the company's electrification strategy. The Ghent facility also manufactures the fully electric version of the XC40 Recharge, Volvo Cars' first pure electric vehicle.
Simultaneously, Volvo Cars is significantly boosting the capacity of the Ghent facility to 135,000 cars per year, and the company anticipates that more than half of the plant's production volume in 2022 will be completely electric vehicles.