Volvo will solely promote electrical vehicles by 2030, ending gas- and diesel-engine gross sales prior to different main automakers, the corporate announced. It additionally plans to remove dealerships and transfer EV gross sales on-line in an effort to develop direct relationships with prospects and remove any bartering.
The choice to go totally electrical is an extension of an earlier plan to have 50 p.c of its fleet be totally electrical by 2025. The corporate wrote that it has a “agency conviction” that the marketplace for combustion autos is contracting. “There isn’t any long-term future for vehicles with an inner combustion engine,” stated chief expertise officer Henrik Inexperienced. “We’re firmly dedicated to turning into an electric-only automotive maker and the transition ought to occur by 2030.”
Pricing shall be managed centrally and prospects will order vehicles by way of a web site, whether or not they’re at house or at a showroom. You can see and study autos at Volvo Studios and showrooms, which shall be repurposed to deal with deliveries and repair.
Volvo additionally revealed a part of its roadmap for future autos. After launching its first EV, the XC40 Recharge, it is going to unveil its second 40 Sequence-based EV at a Recharge occasion later as we speak. It is going to roll out a number of extra fashions within the “coming years.” A graphic (above) seems to point out seven fashions on the horizon.
Volvo is following a path carved out by Tesla, which additionally has an all-electric lineup with no dealerships. Ford plans to eliminate fuel engines by 2030 as nicely, however solely in Europe, whereas GM said that it might solely promote EVs world wide by 2035. EU rival Volkswagen, in the meantime, has promised to supply 1.5 million EVs by 2025, whereas Mercedes-Benz has announced plans to construct six all-electric vehicles inside the subsequent couple of years.