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Volvo To Go All Electric Within Two Years

October 17, 2017

On Wednesday, July 5, Volvo, the Swedish automaker, revealed that it will go all electric within two years. Every car that Volvo launches after 2019 will have an electric motor. The announcement was made by Håkan Samuelsson, the president and chief executive of Volvo. This paves the way for a new chapter in automotive history and represents one of the most significant moves by any automaker to embrace electrification.

The announcement by Samuelsson has made Volvo the first major traditional automaker to set a date for phasing out vehicles powered solely by internal combustion engines. Until the end of 2019, Volvo will continue to produce cars that run on internal combustion engines. But, once 2019 is out of the way, the automaker will end production of these cars, cars that it has been manufacturing for nearly a century.

Both Hybrid and electric cars, the only cars that Volvo will sell after 2019, are fuel-efficient cars. Compared to gasoline and diesel powered cars, hybrid or electric cars are cheaper to run and don’t waste precious natural resources. With these cars, you don’t have to spend much on ‘fuel’ and go green at the same time.

Some of the hybrid cars feature low mileage Japanese engines, engines known to be fuel efficient. Talking about Japanese engines, you can get one for your car by buying Japanese car engines for sale from engine suppliers that offer Japanese replacement engines, used Japanese motors, used engines for sale, used transmissions for sale and other similar engines.

While electric and hybrid cars still make up only a fraction of new car sales, they are starting to grow in popularity. Experts believe that as technology improves and prices fall, mass-market adoption of these vehicles is sure to follow. Moreover, rapid advances in self-driving vehicles are likely to encourage a shift to battery power. After all, linking self-driving software to an electric motor is simpler than linking it to a conventional engine.

While no other automaker has made a commitment to transition to hybrid and electric vehicles, almost all of them are investing in hybrid and battery technology. For instance, Daimler, the manufacturer of Mercedes-Benz cars and trucks, announced in July that it would invest $735 million in a new battery factory being built in China by its Chinese Partner BAIC Motor. Many America-based automakers including General Motors and Ford are also making efforts to transition to electrification.

The plan is to phase out fossil-fuel-powered cars within the next 20 to 30 years, and efforts towards that have already begun. Volvo going all electric within two years is one of them.

Sources:

https://www.nytimes.com/2017/07/05/business/energy-environment/volvo-hybrid-electric-car.html

https://www.engadget.com/2017/07/05/all-volvo-cars-will-be-electric-or-hybrid-within-two-years/

http://www.businessinsider.com/volvo-all-cars-electric-hybrid-2019-2017-7

http://fortune.com/2017/07/05/volvo-electric-cars-hybrid-2019/

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