Volvo to Add Electric Motors with 2019 ModelsDavid Wagman | July 05, 2017
Volvo Cars says that every Volvo it launches beginning in 2019 will have an electric motor. The automaker says it marks the end of cars that only have an internal combustion engine and places electrification at the core of its future business.
Volvo Cars says it will introduce a portfolio of electrified cars across its model range, embracing fully electric cars, plug in hybrid cars, and "mild hybrid" cars.
It will launch five fully electric cars between 2019 and 2021, three of which will be Volvo models and two of which will be electrified cars from Polestar, Volvo Cars’ performance car arm.
These five cars will be supplemented by a range of petrol and diesel plug in hybrid and mild hybrid 48-volt options on all models.
The company says that solely internal combustion models will be gradually phased out and replaced by cars that are enhanced with electrified options.
Volvo Cars plans to have sold a total of 1 million electrified cars by 2025. It aims to have climate neutral manufacturing operations by 2025.
Volvo Cars has been under the ownership of the Zhejiang Geely Holding of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Co.