Volvo drifts towards manufacturing strictly electrified cars – CEO reveals the end of combustion engine cars

Volvo is set to do away with the combustion engine-powered cars come 2019 – this will pave the way for the new electrified powertrains.

Volvo CEO, Hakan Samuelsson disclosed in a statement that Volvo is set and bent on achieving the mapped out plans of selling 1 million electrified cars by the year 2025. A look into 2014 will reveal Volvo’s commitment to offering car models with the hybrid alternative that would be up for purchase with the standard diesel and gasoline engines.

A shift in the automobile market

The announcement by Volvo indicates that the market is swiftly moving from the normal car engines to electrified engines. According to the CEO of Volvo, the movement is in a bid to satisfy customers. People often demand electrically powered vehicles, and Volvo prioritizes its clients’ satisfaction. Consequently, customers can choose from the various electrified Volvo cars.

Speaking more on the forthcoming cars, Volvo said that its full-electric cars would grow from nothing presently to five cars between 2019 and 2021. However, two out of the three cars will come from their Polestar unit that is set to become an independent high-performance electrified design. Likewise, the remaining three will be from Volvo.

Outstanding records of Volvo

Volvo made its way ahead of its German rivals to storm the European market in 2012 with its introduction of the V60 variant. However, Volvo has never failed to work on improving each design. Consequently, it churned out the XC90, V90, S90, and XC60 versions. Likewise, Volvo will storm the market with its hybrid powertrain – XC40 compact SUV.

Key features

While Mercedes-Benz and Audi have revealed has revealed when their first 48-volt mild hybrid system will arrive, Volvo is yet to disclose theirs. Suppliers and analysts suggest that it may be feasible by 2020. Currently, Renault is offering its impressive minivan version that has great fuel economy this year. Likewise, Volkswagen group will be employing the 48-volt hybrid drivetrain in the next Golf-sized model.

Why the switch to electric engines

While it may be attributed to the demand by clients for electrically powered motor cars, the cost of after-treatment systems to ensure diesel meet up with emission regulations may not be favorable. Then again, some European cities are on the verge of banning the use of diesel from city centers. Information from JATO Dynamics reveals that diesel powered about 80% of the product sales by Volvo.