Wednesday 3 March 2021

Volvo Cars pledges to go fully electric by 2030

Volvo Cars pledges to go fully electric by 2030

Volvo Cars has made a pledge to sell only all-electric vehicles by 2030.

It will phase out all cars models that have internal combustion engines, including hybrid vehicles, with plans to sell the electric vehicles (EVs) online to “radically reduce” the complexity of its product offerings.

Last year, one out of three cars sold by Volvo in Europe were recharge models, i.e. chargeable plug-in hybrids.

Chief Executive Håkan Samuelsson said: “Key to sustainability is electrification. Together with the investments in charging infrastructure, that's the right way to go and that is the course we have chosen at Volvo.

“By 2025, we plan to build half of our cars pure electric. And by 2030, all our cars will be pure electric vehicles.

“The future customer offer can't just consist of an electric car. We also need to listen to our consumers and they expect transparency and a seamless experience in getting and having a car. That's why all pure electric cars from Volvo will be available only online at pre-set prices.”

Volvo also unveiled a small new electric SUV, the C40 recharge, the first of several electric models the manufacturer is planning to launch over the next few years.

Linn Fortgens, Head of Sustainability, Procurement at Volvo Cars added: “Climate change really is the biggest test we face as humanity. We recognise that we have been part of creating this problem, right? And as such, we really have to be part of building solutions, solutions that take us to zero emission mobility.

“This is why we have an aggressive time plan in setting 2040 as the date where we will be fully climate neutral. And the supply chain is an imperative part here because with electrification, we add more CO2 with producing batteries into the supply chain, as well as using more critical raw materials. So our partners are vital for us to achieve CO2 reductions.”

Written by

Bruna Pinhoni

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