Volvo announces all cars from 2019 onwards will be electric

By Callum Rivett
Share
Swedish car manufacturer Volvo has announced that every car they build from 2019 onwards will have an electric motor, with five fully-electric cars laun...

Swedish car manufacturer Volvo has announced that every car they build from 2019 onwards will have an electric motor, with five fully-electric cars launching before 2021.

Of those five, three will be Volvo-branded whilst the other two will be Polestar - the rest of Volvo's fleet will be hybrids, with a mixture between plug-in and mild hybrids leading the charge. No cars will be fully dependent on an internal combustible engine.

Volvo released a statement to that effect, promising that "in future, there will be no Volvo cars without an electric motor."

The new electric models will be produced worldwide; in its plants in Europe, China and its new plant in the US, which is currently under construction.

RELATED STORIES

Geely bought Volvo in 2010 for $1.5bn and it is thought the Chinese automobile firm has had a significant impact in driving Volvo towards an electric solution.

Electric car models have been gradually gaining popularity and traction with the high-end market with the success of Tesla, despite Elon Musk's company reporting a poor return in Quarter 2.

Tyre manufacturer Continental previously announced back in May that it will also be changing its strategy significantly to encompass an electric future, whilst predicting that 40% of new cars by 2025 will be hybrid or electric.

Share

Featured Articles

Ox Horn: The Faux ‘European’ Campus Homing Asia’s R&D Leader

Operating out of an amalgamated town of Europe’s most beautiful cities, this Disney-esq town conceals the fact it is the campus of Asia’s R&D leader

Is Quantum Tech Key to Unlocking UN Sustainability Goals?

WEF explores quantum technologies' potential to accelerate UN sustainability goals, highlighting applications and ecosystem challenges for global impact

Women in STEM: Retention Crisis Amidst World Talent Shortage

New report highlights strategies for retaining female talent in STEM fields, addressing global workforce challenges during National Inclusion Week

Cloudera: Unlocking Real Business Value from Data Analytics

Enterprise IT

Microsoft's Investment in Brazil Boosts Tech and Economy

AI & Machine Learning

OpenAI in Transition Period as Mira Murati Steps Down as CTO

AI & Machine Learning