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The prestigious Swedish automaker said on Tuesday that it would gradually stop producing all internal combustion engine cars, including hybrids.
“There is no long-term future for cars with internal combustion engines,” said Henrik Green, Volvo technical director.
Volvo’s announcement follows General Motors’ pledge earlier this year to build battery-only cars by 2035.
Volvo stressed that although its fully electric vehicles are sold exclusively online, dealers “will remain an important part of the customer experience and will remain responsible for a variety of important services such as sales, preparation, delivery and service. ‘car maintenance’.
As part of Volvo’s announcement on Tuesday, the company will unveil its second all-electric vehicle, which looks like its “XC40” car last year, and which is an SUV.
Volvo said its goal is to achieve half of its global sales of electric cars by 2025, while the remaining half will be hybrids.
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