Volvo Cars to focus solely on electric motors
Volvo Cars will introduce a portfolio of electrified cars across its model range
Volvo Cars plans to mark the end of cars that have internal combustion engines (ICE) and instead place electrification at the core of its future business.
Volvo Cars will introduce a portfolio of electrified cars across its model range, embracing fully electric cars, plug in hybrid cars and mild hybrid cars.
The launch will see five fully electric cars between 2019 and 2021, three of which will be Volvo models and two of which will be high performance electrified cars from Polestar, Volvo Cars' performance car arm.
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.
The change in business strategy will mean that there will in future be no Volvo cars without an electric motor, as pure ICE cars are gradually phased out and replaced by ICE cars that are enhanced with electrified options.
"This is about the customer," said Håkan Samuelsson, president and chief executive. "People increasingly demand electrified cars and we want to respond to our customers' current and future needs."
The announcement underlines Volvo Cars' commitment to minimising its environmental impact and making the cities of the future cleaner by reducing its carbon emissions.