Volvo and Siemens to develop electric cars

August 31, 2011 by Tycho de Feijter

Volvo, the Swedish carmaker owned by China’s Geely, has formed a partnership with Siemens, the German engineering group, to develop electric cars and ancillary equipment.

The two companies said on Wednesday that an electric version of Volvo’s small C30 hatchback would be available for testing by the end of this year. Volvo will deliver up to 200 vehicles to Siemens for further testing by the end of 2012.

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