By Agence France-Presse Swedish carmaker Volvo Cars said Wednesday it plans to phase out production of conventional petrol-only cars from 2019, with all new models to be either electric or hybrids. The Gothenburg-based group is the first major manufacturer to electrify all of its models and to set out a roadmap for the gradual end to the internal combustion engine, a century and a half after it was invented. Volvo, owned by China’s Geely, said it plans to launch five fully electric models between 2019 and 2021, three under its own brand and two under the Polestar brand, as well as a range of hybrid models. Polestar is a subsidiary specializing in high-performance electric vehicles and is a rival to California-based Tesla, which is about to launch production of its first lower-priced car, “Model 3”. “This announcement marks the end of the solely combustion engine-powered car,” Volvo Cars president and chief executive Hakan Samuelsson said in a statement. A Volvo Cars spokesman said the first fully electric car would be manufactured in China, and that the production location of the other four was yet to be determined. The car maker, which posted record sales in 2016, noted that “consumers are… Read full this story
- Next Volvo S60 to lead diesel-free charge
- Death of Diesel: Volvo Says No to New Diesel S60
- Volvo Cuts Diesel From New S60, Further Commits To Electrification
- Volvo S60 first to dump diesel engines
- New-Gen Volvo S60 Will Not Come With A Diesel Engine
- Now Volvo Says It Will Ditch Diesel in Europe
Volvo to phase out petrol-only cars from 2019 have 249 words, post on business.mb.com.ph at July 6, 2017. This is cached page on SEO. If you want remove this page, please contact us.