Volvo announces all cars from 2019 onwards will be electric
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.
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.