Sweden-based Volvo is the first car manufacturer to pursue customers toward electric cars. The company said Wednesday in a statement that every car sold from 2019 onward will either be fully electric or electric hybrids.
The company also announced that it will be presenting its range of five fully electric cars between 2019 and 2020.
Two of these new high performance cars will be in the Polestar brand.
All new hybrid cars will be a combination of petrol and “plug-in hybrid” and 48-volt “mild hybrid” systems.
“This announcement marks the end of the solely combustion engine-powered car,” said CEO Håkan Samuelsson. “Volvo Cars has stated that it plans to have sold a total of one million electrified cars by 2025. When we said it we meant it. This is how we are going to do it.”