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Volvo goes electric, ditches cars powered solely by gas
by Matti Huuhtanen

The Associated Press    Translate This Article
5 July 2017

On 5 July 2017 The Associated Press reported: Volvo plans to build only electric and hybrid vehicles starting in 2019, making it the first major automaker to abandon cars and SUVs powered solely by the internal combustion engine. CEO Hakan Samuelsson said the move was dictated by customer demand. It means that in two years, all new Volvo vehicles will have some form of electric propulsion. Volvo, which is based in Sweden but owned by Chinese firm Geely, will launch five fully electric cars between 2019 and 2021. Samuelsson, who acknowledged that the company had been skeptical about electrification only two years ago, said circumstances have changed. Global Good News service views this news as a sign of rising positivity in the fields of science and business, documenting the growth of life-supporting, evolutionary trends.

'Things have moved faster; customer demand is increasing. This is an attractive car people want to have,' he said.

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