Swedish automaker Volvo unveiled today two new concepts based on its Compact Modular Architecture (CMA). The new platform was developed to support all-electric and hybrid powertrains. The battery-powered version of the concepts are expected to achieve around 215 miles on a single charge.

The electric versions of the new concepts are part of Volvo’s plan to have sold a total of “up to 1 million electrified cars by 2025 globally”.

Volvo decided to use a modular approach with its CMA platform in hope to accelerate the introduction of electric vehicles into its lineup. Dr Peter Mertens, Senior Vice President Research & Development at Volvo, on the announcement:

“By taking a modular approach to both vehicle architecture and powertrain development we have succeeded in leap-frogging many of the players in the premium segment. Our new battery electric powertrain variant opens yet another exciting chapter in the unfolding Volvo story.”