Volvo has announced plans for its entire car line-up to be fully electric by 2030, all of which will only be sold online. The Swedish carmaker said 50% of its global sales should be fully-electric cars by 2025 and the other half hybrid models that use a battery and an engine.
The carmaker’s global network of 2,400 traditional bricks-and-mortar dealers will remain open to service vehicles and help customers make online orders. Customers will be able to choose from a simplified range of pre-configured electric Volvos for quick delivery – but they will still be able to order custom-made models.
Carmakers are racing to switch to zero-emission models as they face CO2 emissions targets in Europe and China, plus looming bans in some countries on fossil fuel vehicles.
Last month, Ford Motor Co said its line-up in Europe would be fully electric by 2030, while Tata Motors unit Jaguar Land Rover said its luxury Jaguar brand would be entirely electric by 2025. The carmaker will launch electric models of its entire line-up by 2030. And last November, luxury carmaker Bentley, owned by Germany’s Volkswagen, said its models would be all-electric by 2030.
Ford has pledged that all sales in Europe will be fully electric by 2030, while General Motors has stated an ambition to phase out sales of engine cars by 2035.
Volvo Group is a Swedish multinational manufacturing company with its headquarters in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, it also supplies marine and industrial drive systems and financial services. In 2016, it was the world’s second-largest manufacturer of heavy-duty trucks.