Car maker Volvo has announced that every new vehicle it launches from 2019 will have an electric motor.
In a statement on Wednesday, the group said it marks “the historic end of cars that only have an internal combustion engine”, and will place electrification at the core of its future business.
Håkan Samuelsson, president and chief executive of Volvo, said that people increasingly demand electrified cars and the group wanted to respond to these current and future needs.
“You can now pick and choose whichever electrified Volvo you wish,” he said.
Volvo Cars will introduce a portfolio of electrified cars across its model range, embracing fully electric cars, plug in hybrid cars and mild hybrid cars.
The group said 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 Cars’ performance car arm.
“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, representing one of the broadest electrified car offerings of any car maker,” the car maker said.
This means that there will in future be no Volvo cars without an electric motor, as pure combustion engine cars are gradually phased out and replaced by cars that are enhanced with electrified options, it said.
“This announcement marks the end of the solely combustion engine-powered car…Volvo Cars has stated that it plans to have sold a total of 1 million electrified cars by 2025. When we said it we meant it. This is how we are going to do it,” Samuelsson said.
Geely bought the Swedish car maker in 2010 for $1.8 billion from Ford.