The exhibition is expected to debut a fully functional concept car, built at Volvo C30 was designed to test an electric power plant and assess the performance of the car. Detailed information on the characteristics of the electric motor, batteries, the range and charging time of batteries, has not been disclosed yet.

According to the sources of the company, the production of such a vehicle has not yet been planned. It will be taken on the conveyor after the test concept retribution. It is expected that if a commercial electric hatchback based on the A30 will be given a green light, then the vehicle will appear in the market no earlier than 2012.

We’d like to note that another conceptual eco-friendly version of Volvo C30, equipped with a hybrid power unit that combines a 1.6-liter engine, capable of working on bioethanol, and four built-in wheels electric engines was represented at the Frankfurt show in 2007. According to the manufacturer, this is the only electric car that can ride about 100 kilometers, charging of the batteries takes about three hours.

Official representatives of parties have not yet commented on a transaction of this information. According to Chinese media, after the purchase Geely plans to expand the production of Volvo cars in China. In particular, the company will build a factory in the city of Dongguan, Guangzhou Province, for the production of crossovers Volvo XC90, which are now collected in the United States.

The deal between Geely and Ford has not yet been disclosed, but according to experts, the American group is unlikely to sell Volvo brand for less than three billion U.S. dollars.

Previously, it was reported that China may soon buy another well-known global brand – GM Concern agreed to sell the Hummer brand of Sichuan Tengzhong Heavy Industrial Machinery for U.S. $ 500 million. This transaction is expected to be completed by autumn this year. However, for the purchase of an American manufacturer of SUVs, Sichuan Tengzhong must obtain approval of the Chinese Government, which could veto any foreign investment in excess of the amount of 100 million U.S. dollars.

Volvo has been involved in the development of a hybrid car for already two years. The development of the car is done in cooperation with the Vattenfall company, which is also developing a system of high-speed home charging and fixed charging stations, where owners pay to fuel with electricity instead of petrol or diesel.

According to the auto manufacturer more details about the work of hybrids are expected to appear later. For now it is know that the prototype was built on the basis of universal V70 Diesel-Electric plug-in hybrid models which will emit into the atmosphere an average of no more than 50 grams of carbon dioxide per kilometer.

It should be mentioned, that the first three prototypes of Volvo V70 electric diesel-hybrid will be introduced to the public this summer.

The first hybrid concept with the possibility of charging from 220 V network called ReCharge Volvo was first introduced in autumn 2007.