Today was a busy and important day in the history of our company.
We announced that our new flagship SUV, the fully electric EX90, is ready and on the road. The first batch of EX90 cars are being shipped to our retailers in the US and Europe right now, and the first customers will get their cars before the end of this month. We will ramp up deliveries to more markets between the fourth quarter of this year and the first quarter of 2025.
We also revealed a new and improved Volvo XC90. Thanks to a broad suite of technology and design updates inside and out, our award-winning and best-selling hybrid SUV is now better than ever before. While a new, more contemporary exterior design reinforces the car’s confident look, the biggest news is inside, where a renewed interior enhances both practicality and user experience.
In addition, we announced that a new-generation user experience will be available in our new XC90 SUV, and in millions of other Volvo cars worldwide. Next year, around 2.5 million of our customers around the globe will receive an upgrade on their Volvo cars built as early as 2020 – all in line with our strategy to make our cars better over time with regular over-the-air software updates.
To top off the event, we offered those who stayed around until the end of the show a first look at our next fully electric model, the Volvo ES90...Finally, we slightly adjusted the timeline on some of our electrification and sustainability ambitions. Our commitment to full electrification and sustainability remains firm and industry-leading, but in light of changing market conditions and customer demands, we now aim for 90-100 per cent of our global sales to be electrified by 2030.