Skip to content

You are using an outdated browser

Internet Explorer is not supported by this site and Microsfot has stopped releasing updates, therefore you may encounter issues whilst visiting this site and we strongly recommend that you upgrade your browser for modern web functionality, a better user experience and improved security.

Upgrade my browser

All Volvos to be electric or hybrid from 2019

All Volvos to be electric or hybrid from 2019
Source: None

A landmark move as the first big manufacturer to stop making vehicles solely powered by internal combustion engines.

Volvo’s Electric Future

All new models launched from 2019 will be fully electric or hybrids. The Gothenburg-based company will continue to produce pure combustion-engine Volvos from models launched before that date. Volvo’s plans make it the first major traditional automaker to set a date for the complete phase-out of combustion-engine-only models.

CEO reiterates target of selling one million electric cars and hybrids by 2025 Volvo plans for all new models from 2019 to be either fully electric or hybrid, the company announced Wednesday. But will other car makers follow, and what does this mean for the industry? Source: TheWallStreetJournal

There will in future be no Volvo cars without an electric motor

All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned company said on Wednesday, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion engine.

The Sweden-based company will continue to produce pure combustion-engine Volvos from models launched before that date, but its move signals the eventual end of nearly a century of Volvos powered solely that way.

While electric and hybrid vehicles are still only a small fraction of new cars sales, they are gaining ground at the premium end of the market, where Volvo operates and where Elon Musk’s Tesla Motors has been a pure-play battery carmaker from day one. As technology improves and prices fall, many in the industry expect mass-market adoption to follow.

"This announcement marks the end of the solely combustion engine-powered car," Volvo Cars CEO Hakan Samuelsson said.

The company, owned by Zhejiang Geely Holding Group, said five new models set to be launched in 2019 through 2021 – three of them Volvos and two Polestar-branded – would 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."

Source: Niklas Pollard for Reuters

“This announcement marks the end of the solely combustion engine-powered car,” said CEO Håkan Samuelsson. “Volvo Cars has stated that it plans to have sold a total of one million electrified cars by 2025. When we said it we meant it. This is how we are going to do it.” Source: Youtube/TeknikensVärld

Volvo has also said it will build its first fully electric car in China

The electric models will be produced at Volvo plants world-wide – it has factories in Europe and China and is building one in the United States – while development costs will be met from within its existing budget, Samuelsson told Reuters.

"This also means we won’t be doing other things. We of course will not be developing completely new generations of combustion engines," he said about future investment needs.

Volvo has invested heavily in new models and plants since being bought by Geely from Ford in 2010, establishing a niche in a premium auto market dominated by larger rivals such as Daimler’s Mercedes-Benz and BMW.

Part of its strategy has also been to embrace emerging technologies that allow higher performance electric vehicles as well as, eventually, self-driving cars.

Only last month, Volvo said it would reshape its Polestar business into a standalone brand, focused on high-performance electric cars aimed at competing with Tesla and the Mercedes AMG division.

Volvo has also said it will build its first fully electric car in China based on its architecture for smaller cars which will be available for sale in 2019 and exported globally.

Source: Reuters

An electric vehicle charging cable is seen on the bonnet of a Volvo hybrid car in this picture illustration taken July 6, 2017.
An electric vehicle charging cable is seen on the bonnet of a Volvo hybrid car in this picture illustration taken July 6, 2017. Source: Reuters/Phil Noble/Illustration

Volvo is not alone among traditional carmakers in pushing strongly into electrics and plug-ins

Still, Volvo is not alone among traditional carmakers in pushing strongly into electrics and plug-ins – or among premium brands in resorting to 48V mild hybrid systems to lower fuel consumption and CO2 emissions from their combustion-engine cars.

Among them, BMW plans to introduce an electric version of its popular 3 series in September to meet the challenge from Tesla, Handelsblatt reported last month.

Volvo has also taken steps towards an eventual listing, raising 5 billion crowns from Swedish institutional investors through the sale of newly issued preference shares last year, though the company has said no decision on an IPO has been made.

"It is still an option and a question for our owner," Samuelsson said.

Source: Reuters

Make an Impact

How to reduce your carbon footprint

From cutting down on meat to contacting your local representatives and investing in clean energy, here are 15 ways to help reduce global carbon emissions.