Volvo goes all-in on electric vehicles

  • 06/07/2017
Five new models set to be launched in 2019 through 2021 won't have traditional engines.
Five new models set to be launched in 2019 through 2021 won't have traditional engines. Photo credit: Getty

Car-maker Volvo says all its new cars will be electric within two years.

The company will continue to produce pure combustion-engine Volvos from models launched before that date, but said it would introduce cars across its model line-up that ranged from fully electric cars to plug-in hybrids.

It'll be first major traditional carmaker to set a date for the complete phase-out of combustion engine-only models, though electrification has long been a buzzword across the industry, and Elon Musk's Tesla Motors has been a pure-play battery carmaker from day one.

"This announcement marks the end of the solely combustion engine-powered car," Volvo chief executive Hakan Samuelsson said in a statement.

Five new models set to be launched in 2019 through 2021 - three of them Volvos and two Polestar-branded - will all be fully electric.

"These five cars will be supplemented by a range of petrol and diesel plug in hybrid and mild hybrid 48-volt options on all models," Volvo said.

"This means that there will in future be no Volvo cars without an electric motor."

Volvo is now Chinese-owned but its vehicles are still made in Sweden.

Reuters / Newshub.

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