Tuesday, June 28, 2022

Volvo charging up for an all-electric future

Volvo is the first major car manufacturer to commit to phasing out the internal combustion engine (ICE) and embrace electrification.

The Swedish company has announced that every automobile it launches from 2019 onward will have an electric motor, paving the way for “a new chapter in automotive history.”

Volvo will introduce a range of electric models, embracing both fully electric cars and plug-in hybrid cars, as well as mild hybrid cars, which have ICEs equipped with an electric motor or generator that allows the engine to turn off whenever the car is coasting, braking or stopped.

In particular, it 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’s performance car sub-brand, the company says. All five will be supplemented by “a range of petrol and diesel plug-in hybrid and mild hybrid 48 volt options” on all models, although full details will be announced later.

“This is about the customer,” says Håkan Samuelsson, president and chief executive of Volvo, in a July 5 press release. “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.”

The company says this means that in the future, there will be no Volvo cars without an electric motor, and pure ICE cars will be gradually phased out.

“This announcement marks the end of the solely combustion engine-powered car,” Samuelsson adds. “Volvo Cars has stated that it plans to have sold a total of 1m electrified cars by 2025. When we said it we meant it. This is how we are going to do it.”

This announcement emphasizes Volvo’s commitment to minimizing its environmental impact, with the company aiming to reach “climate neutral manufacturing operations” by 2025.

Volvo also broke the news earlier this month that Polestar will be turned into a separately-branded “electrified global high performance car company,” led by Thomas Ingenlath, who was previously a senior vice president of design at Volvo.

Volvo’s decision comes as other car manufacturers’ toy with the idea of electrification, such as Volkswagen. ITWC got a chance to speak with the company and their electrification journey, as per the video below.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Mandy Kovacs
Mandy Kovacshttp://www.itwc.ca
Mandy is a lineup editor at CTV News. A former staffer at IT World Canada, she's now contributing as a part-time podcast host on Hashtag Trending. She is a Carleton University journalism graduate with extensive experience in the B2B market. When not writing about tech, you can find her active on Twitter following political news and sports, and preparing for her future as a cat lady.

Related Tech News

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.