The EV market is heating up pretty quickly, and Volvo has just announced grand plans to make a name for itself. Volvo has announced its intention to go fully electric by 2030 and what it is doing to make it happen.

As part of the plan, the company unveiled the Concept Recharge, a model of Volvo's electric car. But the bigger news is the company's new battery, which it claims can travel up to 625 miles (8.2 km) on a single charge.

The Concept Recharge itself has a rather flashy appearance, with an SUV-like design that maximizes interior space and comfort. It also features a vertical infotainment tablet, reverse-hinged rear doors, and multiple armrests that appear to provide enough room for all occupants to put their arms and legs out without having to rub elbows.

Of course, this is just a concept, and the Concept Recharge won't be driving down a road near you. However, Volvo CTO Henrik Green told "The Verge" that a "version" of this car could be on the road within three years. Apparently, the company plans to sell 600,000 electric cars by the mid-decade.

Volvo also plans to bring its software operations in-house by developing a new VolvoCars.OS. According to the company, this will serve as an "umbrella system" for other software and help speed up the development of updates and software patches.

Importantly, it will "enable unsupervised driving" on highways. This is important This is important because all modern autonomous driving systems require the driver to pay attention to the road. Eliminating the need to constantly monitor the car's progress is one step closer to true autonomy.

Let's step back and consider the consequences of having a 625-mile range. Tesla currently offers cars that can promise more than 400 miles on a single charge. The forthcoming CyberTruck and the recently canceled Model S Plaid Plus were supposed to have a range of 500 miles or more.

With a range of 625 miles, it would have the power to get from Los Angeles to Las Vegas and back after sitting in Los Angeles traffic for several hours. It would be enough to drive 685 miles from London to Berlin. [According to Volvo, this can be achieved by designing new high-energy density batteries and integrating the battery as one of the structural elements of the car. These batteries will be available after 2025, and Volvo plans to have its own battery manufacturing in Europe by 2026.

Volvo also promised that these batteries will offer faster charging times, and although it did not give a specific speed, Volvo claims that charging times will be almost halved around the middle of this decade.