2007 Volvo ReCharge Concept Page 2

September 11, 2007

While production is still a long shot, the ReCharge serves as a showcase for the hybrid development that's currently going on within Volvo. It was designed in California, at the Volvo Monitoring and Concept Center in Camarillo, California, in cooperation with Volvo's hybrid development center in Göteborg, Sweden. The $1.1 billion center was announced in spring 2006 and opened last fall, and is serving to lead Ford Motor Company hybrid development in Europe. An official said that the center, with 40 to 60 employees, has been working together with engineers in Dearborn on a hybrid system that will be used by at least one other FoMoCo brand; details are still under lock and key, but further announcements can be expected soon.



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