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Volvo is planning to abandon traditional engines by 2019

10 July 2017, 8:24 am

Electricity will now be powering every new Volvo model starting in 2019, the Chinese owned carmaker will be making it the first major car manufacturer to be leaving the traditional combustion engine behind.

Volvo stated that they will launch five fully electric vehicles between 2019 and 2021. Three of the models will be Volvo models and the other two will be coming from Polestar, Volvo’s performance car arm. Volvo stated that they will also introduce a host of new gas and diesel plug in hybrids down the line. The company has yet to give details on any of the models.

Hakan Samuelsson, Volvo’s president and chief executive stated that Volvo Cars has stated that they are planning to have sold 1 million electrified cars by 2025. The company stated that they will continue to manufacture their gas-fueled cars but will be gradually phasing them out of production. Some experts are questioning how fast American consumers will be adapting to the change.

Michelle Krebs, executive analyst at Autotrader stated that buyers in the US are saying that they have interest in electric vehicles but are buying largely sport utilities with gasoline engines. She also added that the major challenge for automakers in the future will be to figure out how to generate consumer demand for the electric as well as hybrid vehicles required by the government’s regulations.

Krebs stated that the Chinese ownership of Volvo has likely played a role in the announcement, considering China’s air pollution problems as well as the wider push for cleaner cars there and in Europe. But, it is less clear if commitments to build electric cars will be leading to commercial success in the United States.

Read More: News on IOL / Author - HAMZA SHABAN / Volvo Car South Africa /


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