Volvo is pushing forwards with its EV ambitions with a pledge that it will only sell electric cars by 2030.
The firm is already well versed with electrification, offering a plug-in hybrid version of each of its models since last year, and plans for 50 per cent of its sales to be fully electric models by 2025.
But now the firm has announced its next planned stage, which will see all internal combustion-powered models, as well as hybrids, phased out by 2030. Volvo says it “builds on the expectation that legislation as well as a rapid expansion of accessible high-quality charging infrastructure will accelerate consumer acceptance of fully electric cars”.
The 2030 date has also been spurred on by strong sales of its electrified models already, with the brand’s XC40 Recharge P8 just arriving in showrooms as the brand’s first EV. Later today, Volvo will also reveal a smaller and more affordable electric car, too.
Elsewhere, though, the Swedish firm has announced a change to the way it sells cars, with its electric models only set to be available to buy online, with its existing dealers set to just be considered as experience and servicing sites. They’ll also continue to be where cars are prepared and delivered from. Volvo says this process will “radically reduce complexity, and provide transparent and set pricing models”.
The firm is also looking to expand its car subscription service, which will include features like servicing, insurance and home charging options bundled into the monthly payments.
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