Volvo Plan to Launch Fully Volvo Electric Cars or Hybrids from 2019
Last Updated on August 4th, 2020 at 8:41 am
All new models of Volvo cars, those will be launched from 2019 will be fully Volvo electric cars or hybrids, this statement is given by Volvo car group, and the Swedish auto manufacturer on Wednesday.
The Gothenburg-based company to continue to produce pure combustion-engine Volvo from models launched before that date, but said it would introduce cars across its model line-up that ranged from fully electric cars to plug-in hybrids.
There are plans of Volvo’s to make it the first major traditional automaker to set a date for the complete phase-out of combustion-engine-only models.
Electrification has long been a buzzword throughout the industry and Elon Musk’s Tesla Motors has been a pure-play battery carmaker from day first.
It is said by “Volvo Cars president and chief executive, said the decision to focus on electrification was taken mostly in response to consumer demand”
Volvo Electric Cars Models:
3 new models of Volvo electric cars set to be launched in 2019 through 2021 – and 2 models of Polestar-branded,and all will be fully electric.
Volvo said that, “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,”
“This means that there will in future be no Volvo cars without an electric motor.”
Volvo has invested huge amount in new models of volvo electric cars and plants since being bought by Zhejiang Geely Holding Group from Ford Motor Co in 2010, establishing a niche in a premium auto market dominated by larger rivals such as BMW, and Daimler’s Mercedes-Benz.
Part of its strategy has also been to embrace emerging technologies which allow higher performance electric vehicles as well as, eventually, self-driving cars.
Volvo also said last month, that Volvo cars company will convert its polestar business into a standalone brand,
Volvo also said last month, that Volvo cars company will convert its plestar business into a standalone brand, focused on best performance electric cars aimed at competing with Tesla and the Mercedes AMG division.Volvo has also taken steps towards an eventual listing, raising 5 billion crowns from Swedish institutional investors through the sale of newly issued preference shares last year.
Let’s hope for the good for Volvo electric cars in 2019.