Big news: Volvo has announced it will only sell electric or hybrid cars from 2019.
The carmaker has called it 'the historic end of cars that have only an internal combustion engine' and says it's a move driven by customer demand as well as a commitment to reduce carbon emissions.
"This is about the customer," comments Håkan Samuelsson, President and Chief Executive, Volvo Cars. "People increasingly demand electrified cars, and we want to respond to our customers' current and future needs. You can now pick and choose whichever electrified Volvo you wish."
The manufacturer will launch five fully electric cars between 2019 and 2021: three proper Volvos and two high-performance electrified cars from its performance arm Polestar. Plug-in hybrid cars and mild-hybrid cars will also be on offer, but no model will leave the Volvo factory without an electric motor.
Volvo has previously stated an ambition to sell a total of 1 million electrified cars by 2025 and aims to have climate-neutral manufacturing operations by the same year.
The announcement comes in the same week that France said it plans to end sales of petrol and diesel vehicles by 2040.