Volvo to go ‘electric-only’ by 2030

Announcement comes as it launches second pure electric vehicle: C40 Recharge

Volvo to go ‘electric-only’ by 2030

Volvo Cars has committed to becoming a fully electric car company by 2030.

By then, the company intends to sell only fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids.

The company was already aiming for 50 per cent of its global sales to consist of fully electric cars, with the rest hybrids, by 2025.

Its decision also builds on the expectation that legislation as well as a rapid expansion of accessible high-quality charging infrastructure will accelerate consumer acceptance of fully electric cars.

Related: February sees weakest new car market since 1959

Volvo Cars’ move towards full electrification comes together with an increased focus on online sales and a more complete, attractive and transparent consumer offer under the name Care by Volvo.

All fully electric models will be available online only.

The 2030 ambition represents an acceleration of Volvo Cars’ electrification strategy, driven by strong demand for its electrified cars in recent years and a firm conviction that the market for combustion-engined cars is a shrinking one.

“To remain successful, we need profitable growth.

Related: Peugeot unveils new brand identity

“So instead of investing in a shrinking business, we choose to invest in the future – electric and online,” said Håkan Samuelsson, Chief Executive of Volvo Cars.

“We are fully focused on becoming a leader in the fast-growing premium electric segment.”

Volvo Cars launched its first fully electric car, the XC40 Recharge, in markets around the globe last year.

Volvo C40 Recharge

The company this week revealed the C40 Recharge, its second fully electric car.

The propulsion consists of twin electric motors, one on the front and one on the rear axle, powered by a 78kWh battery that can be fast charged to 80 per cent in about 40 minutes.

It offers an anticipated range of around 420km (261 miles), which is expected to improve over time via over-the-air software updates.

Related: Volvo Cars and Geely Auto scrap merger plans but agree ‘collaboration’

In the coming years, Volvo Cars will roll out several additional electric models, with more to follow. Already by 2025, it aims for 50 per cent of its global sales to consist of fully electric cars, with the rest hybrids. By 2030, every car it sells should be fully electric.

“There is no long-term future for cars with an internal combustion engine,” said Henrik Green, Chief Technology Officer at Volvo Cars.

“We are firmly committed to becoming an electric-only car maker and the transition should happen by 2030.

“It will allow us to meet the expectations of our customers and be a part of the solution when it comes to fighting climate change.”

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    Volvo Cars has committed to becoming a fully electric car company by 2030. By then, the company intends to sell only fully electric cars and phase out
    [See the full post at: Volvo to go ‘electric-only’ by 2030]

    #209395 Reply
    Meat-Head
    Blocked

    Great. You got your all electric car charging

    Real common for cables to be nicked

    Dawg chews cable, need new dawg and new cable

    Bit of luck be no end of farms catching fire due to rat chewed wires

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