Volvo to Launch Electric and Hybrid Cars Starting 2019

Volvo has announced that all of its new cars from 2019 will either be completely electric or hybrid vehicles thereby the impact of the conventional engines on the environment. The company will not launch any new model with a sole internal combustion engine as the propulsion source. The carmaker also stated that internal combustion engines will be gradually phased out and replaced with electrified options, but gave no time frame for this transition. The company has also announced that it will be launching a range of new models that will be classified into three major categories – all-electric, plug-in hybrid and mild hybrid.

Volvo

It will launch five fully electric models between 2019 and 2021. Out of these three will be sold under the Volvo name, while the other two will be a part of Polestar’s line-up. These five cars will be supplemented by a range of petrol and diesel plug in hybrid and mild hybrid 48V options on all models. Volvo had recently spun Polestar into a stand-alone company that will produce performance-oriented electric cars. The company has also said that it would reshape its Polestar business into a standalone brand that is focused on high-performance electric cars and will complete with Tesla and the Mercedes-AMG high-performance division.

Tesla Motors has been a pure battery carmaker from day one. The luxury car manufacturer has also invested in new models as well as plants since being bought by Zhejiang Geely Holding Group from Ford Motor Co. in 2010. The company’s new plans for electrification of its models will make it the first automaker to set a date for the complete phase-out of the combustion engine across the industry. The company had stated that it plans to sell a total of 1 million electrified cars by 2025. Volvo boss Hakan Samuelsson has said, “People increasingly demand electrified cars and we want to respond to our customers’ current and future needs. You can now pick and choose whichever electrified Volvo you wish.”

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