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n a bold move towards a cleaner, greener future, Volvo has announced its commitment to go fully electric by 2030. The Swedish automaker, known for its commitment to safety and innovation, has set its sights on phasing out vehicles with internal combustion engines (ICE) over the next nine years. This strategic transition aligns with Volvo's ambitious climate plan, which aims to reduce the overall carbon footprint of each vehicle throughout its life cycle.
Volvo's decision to ditch diesel is grounded in a deep understanding of the environmental impact of traditional combustion engines. Diesel vehicles, while fuel-efficient, emit higher levels of carbon and harmful NO x emissions compared to their petrol counterparts. Diesel exhaust fumes have even been classified as a group 1 carcinogen, highlighting their detrimental effects on health.
Instead of investing further in ICE powertrains, Volvo has redirected its research and development efforts toward pure electric vehicles (EVs). According to Chief Executive Jim Rowan, electric powertrains represent the future of the automotive industry. They offer numerous advantages, including reduced noise, minimal vibration, lower servicing costs for customers, and, most importantly, zero tailpipe emissions.
Rowan expressed Volvo's unwavering commitment to creating a diverse line-up of premium, fully electric cars designed to meet and exceed customer expectations. These electric vehicles are a pivotal component of Volvo's response to climate change and its ambitious goal of achieving carbon neutrality by 2040.
Volvo's transition to a fully electric automaker is not just about eliminating ICE vehicles from its line-up. The company also plans to make these EVs more accessible to consumers. As part of this initiative, Volvo will introduce a new family of electric cars, available exclusively for online purchase. This streamlined approach is expected to enhance the overall buying experience for customers.
In embracing this electrified future, Volvo anticipates that supportive government regulations, coupled with the rapid expansion of high-quality charging infrastructure, will accelerate consumer acceptance of battery electric vehicles (BEVs). The company's optimism is rooted in strong demand for electrified vehicles in recent years and a belief that the market for ICE cars is gradually diminishing.
According to Chief Technology Officer Henrik Green, "There is no long-term future for cars with an internal combustion engine." This resolute stance underscores Volvo's dedication to becoming an electric-only carmaker by 2030, playing an active role in combating climate change.
As part of its commitment to electric mobility, Volvo aims to have BEVs account for 50 percent of its sales by 2025, with the remaining half consisting of hybrid vehicles. The automaker has plans to introduce five new electric models across both passenger car and SUV segments, promising a bright and sustainable future.
In addition to its electric transformation, Volvo is enhancing its online sales platform, aptly named "Care by Volvo."This user-friendly approach aims to simplify the buying and ownership experience, offering present prices for both purchases and subscriptions. The company's three pillars for the future are clear: electric, online, and growth.
With Volvo leading the charge towards an all-electric future, it's an exciting time for environmentally conscious car enthusiasts. As the automotive landscape continues to evolve, Volvo's commitment to sustainability and innovation shines brightly on the road ahead.
