Swiss Manufacturer Volvo Aims To Electrify Its Entire Portfolio By 2030 And Sell Only Electric Cars

Written by Valdemar Medeiros

Published on 04/12/2020 at 09:53

Carro elétrico da Volvo

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Hakan Samuelsson, CEO of Volvo, Believes That Volvo Will be an Exclusively Electric Car Brand in 10 Years. “I Would be Surprised if We Did Not Start Delivering Electric Cars by 2030,” Samuelsson Said to the Financial Times Future of the Car Summit.

Volvo had previously communicated that its goal was for half of its global sales to consist of electric cars by 2025. However, until now it had never set a deadline for the internal combustion engine in its lineup.

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It is true that Samuelsson was not categorical, and this leaves the door open for both the internal combustion engine and plug-in hybrids. Still, it is a risky statement on the surface, especially since Volvo is still finalizing the launch of its first electric car, the Volvo XC40 Recharge P8. Although it is true that the short-term success of the model seems guaranteed.

Volvo in Favor of Banning Internal Combustion Engines to Achieve Its Goal

Obviously, at Volvo they are thinking of China (the largest electric market in the world) to reach that number, but it may not be enough. China is the brand’s second market (154,961 units in 2019), behind Europe with its 340,605 units in 2019.

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Samuelsson Advocated at the Summit for Firm Deadlines for the End of Combustion Engine Sales. He Believes They Would Be More Effective in the Shift to Electric Cars Than Incentives to Buy

“The way forward would be to have clear rules on when to phase out the combustion engine. Once you realize that gasoline and diesel engines are not really part of the future, it is very easy to see that you need to move quickly to the new world,” Samuelsson explained. And Volvo is already moving very quickly in that direction, he assured.

Swiss Manufacturer Volvo Aims To Electrify Its Entire Portfolio By 2030 And Sell Only Electric Cars

Hakan Samuelsson, CEO of Volvo, Believes That Volvo Will be an Exclusively Electric Car Brand in 10 Years. “I Would be Surprised if We Did Not Start Delivering Electric Cars by 2030,” Samuelsson Said to the Financial Times Future of the Car Summit.

Read Also

Volvo in Favor of Banning Internal Combustion Engines to Achieve Its Goal

Samuelsson Advocated at the Summit for Firm Deadlines for the End of Combustion Engine Sales. He Believes They Would Be More Effective in the Shift to Electric Cars Than Incentives to Buy

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Swiss Manufacturer Volvo Aims To Electrify Its Entire Portfolio By 2030 And Sell Only Electric Cars

Hakan Samuelsson, CEO of Volvo, Believes That Volvo Will be an Exclusively Electric Car Brand in 10 Years. “I Would be Surprised if We Did Not Start Delivering Electric Cars by 2030,” Samuelsson Said to the Financial Times Future of the Car Summit.

Read Also

Volvo in Favor of Banning Internal Combustion Engines to Achieve Its Goal

Samuelsson Advocated at the Summit for Firm Deadlines for the End of Combustion Engine Sales. He Believes They Would Be More Effective in the Shift to Electric Cars Than Incentives to Buy

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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Made from common salt and 50% cheaper than lithium, the new Chinese battery promises a range of 500 km and could revolutionize electric cars starting in 2026.