Volvo to Phase Out Gasoline Vehicles in 2019
Photo of Volvo Cars current plug-in hybrid lineup courtesy of Volvo.
Volvo will equip every car it builds with an electric motor starting in 2019, the automaker has announced.
Volvo is rolling out a electrification across it model range with a series of battery-electric, plug-in hybrid, or mild hybrid cars and SUVs. The automaker is the first to make electrified vehicles part of its core business strategy.
Volvo plans to launch five battery-electric cars between 2019 and 2021, including three Volvo models and two high-performance vehicles from its Polestar performance unit.
Existing nameplates will be offered as gasoline or diesel plug-in hybrids or 48-volt mild hybrids. Gasoline-only models will be phased out.
Volvo is also spinning off Polestar as a separately-branded electrified high-performance car company. The company has set a goal of reaching climate neutral manufacturing operations by 2025.