All Volvo cars will be equipped with electric motors or hybrid motors from year 2019, said the automaker CEO, Hakan Samuelsson, announced.
So, Volvo has become the first major car manufacturer, which announced the abandonment of traditional internal combustion engines.
“Volvo Cars has promised to sell 1 million electric vehicles by 2025, and we get used to keep our promises. This is how we intend to achieve it”, he said.
After the acquisition of Volvo by the Chinese Geely in 2010, the company has intensified its efforts in the development and implementation of electric motors. China is the world's largest market for cars with these engines, but Geely is the only Chinese car company supplying its products to the United States, the second largest market.
