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.
Searching for the Top 100 Leaders in Technology
The search is on for the Top 100 Leaders in Technology 2021 – nominated by readers of Technology magazine and open to all.
The initiative has been launched and nominations are now open, with the final, prestigious Top 100 due to be announced during Technology and AI LIVE running 14-16 September, beamed from London to the world.
This latest, definitive list of the leading executives and influencers in the industry will be announced at the event and shared across social media channels, this website, and presented in a special supplement that honours all of those named in our annual list.
The Top 100 Leaders follows on from the well-received Top 100 Women in Technology that BizClik Media Group (BMG) – publishers of Technology magazine, AI magazine and a growing portfolio of industry-leading titles – produced in March this year to coincide with International Women’s Day.
“The Top 100 Women recognised the incredible and influential women driving our industry,” says Scott Birch, editorial director, BMG. “The success of that initiative encouraged us to recognise the Top 100 Leaders – individuals championing everything that we love about technology and embracing best practice that’s good for business.”
Nominations are already coming in, with some notable highlights including:
Rhonda Vetere - Herbalife
Bryan Smith - Expedient
Nominate your Top 100 Leader HERE
The deadline for nominations closes on Sunday 1 August 2021, and it is free to nominate. The Top 100 Leaders will be announced across our platforms and at the LIVE event.