Volvo Cars President and CEO Jim Rowan discusses China's booming auto market and Volvo's groundbreaking initiatives in an interview with CGTN's Lily Lyu.

Rowan talks about Volvo's record-breaking sales, new facilities in Shanghai and a focus on electrification, while highlighting Volvo's commitment to innovation. He also emphasizes the pivotal role of China in the company's electrification journey, citing China's rapid pace of technological innovation and the high acceptance of new tech products by Chinese consumers.