Volvo is setting its sights on an all electric powered future. The Swedish luxury automaker announced on 5 July that in 2019, every model in its lineup will be powered by an electrified powertrain, with the intent to completely phase out internal combustion engine-powered models by 2025. Volvo’s enthusiastic embrace of electrified cars comes after it announced earlier this month that its high-performance sub-brand Polestar will be spun off into an independent, solely electric car company.
As part of Volvo’s oncoming onslaught of EVs, it will release five fully electric models between 2019 and 2021. Those EVs will include three standard Volvo models and 2 high-performance Polestar models. “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 1 million electrified cars by 2025. When we said it we meant it. This is how we are going to do it” told Volvo CEO Håkan Samuelsson in a statement.
In a press conference last Wednesday, Volvo R&D head Henrik Green told it would take the automaker until at least 2023 and possibly until 2025 to phase out all models solely powered by an internal combustion engine. The 5 electric cars slated to debut between 2019 and 2021 will offer a combination of gas or diesel powered engines and plug-in electric powertrains, as well as a mild hybrid 48-volt option, similar to the one gaining popularity with Volvo’s European competitors. The long-range versions of the upcoming Swede EVs are expected to travel 310 miles on a single charge. Earlier this year, Volvo took the fight directly to Silicon Valley and Detroit when it announced its first-ever fully electric vehicle for United States market. That EV is expected to cost less than $40K and boast an impressive 250-mile range, placing it right alongside the Chevrolet Bolt EV and upcoming Tesla Model 3. The Volvo EV, whose 2019 release date coincides with Volvo’s news today, will use the Swedish automaker’s SPA modular platform underpinning the redesigned XC60 crossover as well as its current 90-series.