Volvo says second electric car set for March 2 unveil

Volvo has confirmed that its next pure-electric car will make its debut on March 2 as part of plans to launch a new EV every year until 2025.

Details are thin on the ground on what Volvo will reveal, but the car-maker's boss Hakan Samuelsson has told Automotive News that it will have a "more streamlined body" compared to the Volvo XC40.

“We will keep you a bit in the dark until we show the car, but I promise you it will be a very good-looking car,” said Samuelsson.

Hotly tipped to be based on the same compact modular architecture (CMA) platform as the Volvo XC40, the new EV could be an indirect replacement for the previous Volvo V40 hatch.

Whatever it reveals, it won't be cheap.

"For Volvo to be profitable we need to focus on higher price, more premium car segments," said Samuelsson.

This suggests the new model could be a more rakish take on the XC40.

What it won't be is a production version of the Volvo Concept 40.2, as that vehicle has already been replicated as the Polestar 2 by the Swedish firm's standalone premium brand.

Volvo has already declared it will become an EV-only car-maker by 2030.