Skip navigation

Gloucestershire Business News

Major car manufacturer will be the first to go all electric

Volvo has announced that every car it builds in two years time will be electric powered. 

The Swedish company, now Chinese owned, which has dealerships in Gloucester and Cheltenham, has said that every model it launches from 2019 will have an electric motor.

It marks the historic end of cars that only have an internal combustion engine (ICE) and places electrification at the core of its future business.

President and chief executive Håkan Samuelsson said: "This is about the customer, people increasingly demand electrified cars and we want to respond to our customers' current and future needs.

"You can now pick and choose whichever electrified Volvo you wish."

Volvo Cars will introduce a portfolio of electrified cars across its model range, embracing fully electric cars, plug in hybrid cars and mild hybrid cars.

It will launch five fully electric cars between 2019 and 2021, three of which will be Volvo models and two of which will be high performance electrified cars from Polestar, Volvo Cars' performance car arm.

These five cars will be supplemented by a range of petrol and diesel plug in hybrid and mild hybrid 48 volt options on all models.

Mr Samuelsson said: "This announcement marks the end of the solely combustion engine-powered car, 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."

The decision also follows this month's announcement that Volvo Cars will turn Polestar into a new separately-branded electrified global high performance car company.

Thomas Ingenlath, senior vice president of design at Volvo Cars will lead Polestar as Chief Executive Officer.

Related Articles

EXCLUSIVE: Gigantic business park green lit next to M5 J12 Image

EXCLUSIVE: Gigantic business park green lit next to M5 J12

A developer has been given the nod to build four logistics warehouses next to the county's incinerator

All eyes on Gloucester as Channel 4 News hosts key debate Image

All eyes on Gloucester as Channel 4 News hosts key debate

Bellwether city was national focus for seismic election year.

EXCLUSIVE: Gloucester Quays bosses respond to sale rumours Image

EXCLUSIVE: Gloucester Quays bosses respond to sale rumours

Peel Retail & Leisure has commented on reports it was preparing to sell the asset for £85m

Woman arrested following suspected stabbing in Gloucester Image

Woman arrested following suspected stabbing in Gloucester

A man was taken to hospital with serious injuries

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.