Volvo made a stunning announcement this morning as it plans to equip all of their vehicles with an electric motor beginning in 2019.
“This announcement marks the end of the solely combustion engine-powered car. Volvo Cars has stated that it plans to have sold a total of 1 million electrified cars by 2025. When we said it we meant it. This is how we are going to do it,” said Volvo CEO Hakan Samuelsson in a statement.
Volvo is planning to launch five EVs between 2019 and 2021 - two of those coming from Polestar . They'll be complemented by a range of mild-hybrid with 48-volt electric systems and plug-in hybrid models.
“This is about the customer. 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,” said Samuelsson.
Source: Volvo
Press Release is on Page 2
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