m16charged
Posts: 39
Joined: Wed Oct 26, 2016 11:54 pm

Volvo will only make electric and hybrid cars starting in 2019

Thu Jul 06, 2017 2:16 pm

https://techcrunch.com/2017/07/05/volvo ... g-in-2019/
Volvo is done with entirely traditional engines and exclusively gas-powered vehicles, the company announced. By 2019, Volvo group intends to offer only either fully electric or hybrid engines on all new models, making it the first automaker to commit to using only alternative drive trains.

The end of the solely combustion engine-powered car did seem like an eventual inevitability, given the advantages of electric and hybrid from a manufacturing and performance standpoint, and given the industry’s heavy investment in autonomous vehicle tech. But for Volvo to commit to going entirely hybrid and electric just two years from now is still the strongest sign yet we’ve seen that the purely combustion engine’s days might be numbered sooner, rather than later.

Volvo already had a target sales figure of 1 million electric and hybrid cars by 2025, and now that target seems well within reach given it’s all it’ll be selling in terms of new vehicles. Volvo also announced it would launch five new electric and hybrid cars between 2019 and 2021, and that two of those will be made by Polestar, which the company recently announced would become its own subsidiary and brand selling performance EVs, likely to compete with high-end Tesla models.

Part of the cost benefit of making electric cars is dealing with ever stronger emissions requirements on vehicles, which are set to tighten in most key international markets, including China, which is where Volvo’s owner Geely is based. Production costs of EV parts and batteries are also getting smaller, as capacity and manufacturing processes improve.

Volvo getting a jump on the move to electric, with hybrids included as a transitional stopgap, is a smart and aggressive play for claiming a leadership position in the market of the future. A lot of companies talk about their work with, and commitment to alternative drivetrains, but this is really putting your money where you mouth is.
Hold on..let's think about this for a minute. Wow so what will happen to all the production line employees now for Volvo? Will they convert their gas engine plants to electric and how much will this cost? When did Volvo put this plan into action and what does it mean for everyone employed by Volvo? Will Volvo sub out to other countries the work? I would be less shocked if this was a futuristic plan but seems really short on time to make huge changes like this

m16charged
Posts: 39
Joined: Wed Oct 26, 2016 11:54 pm

Re: Volvo will only make electric and hybrid cars starting in 2019

Thu Jul 06, 2017 2:28 pm



Michael Taylor , CONTRIBUTOR


Opinions expressed by Forbes Contributors are their own.

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Volvo's V90 limousine, with plug-in hybrid power Volvo Media
Volvo's V90 limousine, with plug-in hybrid power. Photo: Volvo Media

Do a search today for “Volvo” and “electric car” and you’ll be swamped with hits that declare the Swedish car maker will swear off traditional gasoline and diesel engines from 2019.

And what a heart-warming thing that would be. It would make it the first well-known premium carmaker to cross over to the bold new world of zero emissions.

Sadly, it’s not quite true.

Volvo did put out a statement today and backed it up with a live-stream press conference, to announce its future electrification strategy.

“This announcement marks the end of the solely combustion engine-powered car,” Volvo CEO Håkan Samuelsson said today.

“Volvo Cars has stated that it plans to have sold a total of 1 million electrified cars by 2025. When we said it, we meant it. This is how we are going to do it.”

Yet not a single word of that statement delivered a timetable, a path or a strategy to kill off internal-combustion engines.
A little more on this from Forbes

https://www.forbes.com/sites/michaeltay ... 9a9c972ed9

Volvo's Electric Car Strategy Is Being Badly Misrepresented

Return to “General EV Discussion”