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Volvo to Phase Out Gas Only Vehicles by 2019

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【Summary】In an unprecedented move, Volvo announced today that the company will stop producing gasoline only vehicles and instead produce only hybrid or all-electric vehicles. Volvo is the first automaker to set a date to stop production of vehicles powered entirely by gasoline.

Original Eric Walz    Jul 05, 2017 12:08 PM PT
Volvo to Phase Out Gas Only Vehicles by 2019

In an unprecedented move, Volvo announced today that the company will stop producing gasoline only vehicles and instead produce only hybrid or all-electric vehicles. Volvo is the first automaker to set a date to stop production of vehicles powered entirely by gasoline. The company will make the transition by 2019.

"This announcement marks the end of the solely combustion engine-powered car," said Hakan Samuelsson, Volvo president and chief executive, in a statement. "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.

The announcement represents one of the most significant moves by any car maker to embrace electrification and highlights how over a century after the invention of the internal combustion engine electrification is paving the way for a new chapter in automotive history.

Volvo Meeting EV Demand

"This is about the customer," said Håkan Samuelsson, president and chief executive. "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."

Volvo has invested heavily in new models and plants since being bought by Zhejiang Geely Holding Group from Ford Motor Co. in 2010. Volvo will launch five fully electric cars between 2019 and 2021, three of which will be Volvo models and two of which will be high performance electrified cars from Polestar, Volvo Cars' performance car arm. Full details of these models will be announced at a later date.

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, representing one of the broadest electrified car offerings of any car maker.

Every Volvo Model Will Have an Electric Motor

This means that there will in future be no Volvo cars without an electric motor, as pure ICE cars are gradually phased out and replaced by ICE cars that are enhanced with electrified options.

The announcement underlines Volvo Cars' commitment to minimising its environmental impact and making the cities of the future cleaner. Volvo Cars is focused on reducing the carbon emissions of both its products as well as its operations. It aims to have climate neutral manufacturing operations by 2025.

The decision also follows this month's announcement that Volvo Cars will turn Polestar into a new separately-branded electrified global high performance car company. Thomas Ingenlath, Senior Vice President Design at Volvo Cars, will lead Polestar as Chief Executive Officer.

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