Car manufacturing giant Volvo has revealed that it will stop making vehicles solely powered by internal combustion engines.
From 2019, every car sold by Volvo will be battery-powered.
The company, owned by Chinese firm 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.”
Håkan Samuelsson, the Volvo chief executive, said: “This announcement marks the end of the solely combustion engine-powered car. Volvo Cars has stated that it plans to have sold a total of 1m electrified cars by 2025. When we said it we meant it. This is how we are going to do it.”
The company does not have a fully electric car in sales yet, though it has plug-in hybrid versions of those models.
These hybrid versions are quite expensive though, for example the basic plug-in hybrid version of the XC90 costs £61,650, £13,250 more than the basic diesel edition.