Volvo will not sell electric cars until 2030, ending sales of gasoline and diesel engines earlier than other major automakers, the company ad. He also plans to eliminate dealerships and move electric vehicle sales online with the goal of developing direct customer relationships and eliminating bartering.
The decision to go fully electric is an extension of a previous plan to have 50 percent of its fleet fully electric by 2025. The company wrote that it has a “strong belief” that the combustion vehicle market is contracting. “There is no long-term future for cars equipped with an internal combustion engine,” said Henrik Green, chief technology officer. “We are strongly committed to becoming a manufacturer of all-electric cars and the transition is expected to take place by 2030.”
Prices will be centrally controlled and customers will order cars through a website, whether they are at home or in a showroom. You will be able to see and learn about vehicles from Volvo studios and showrooms, which will be reused to manage deliveries and service.
Volvo also unveiled part of its roadmap for future vehicles. After launching its first electric vehicle, the XC40 refill, it will unveil its second electric vehicle based on the 40 Series at a Recharge event later today. It will deploy several other models in the “years to come”. A graph (above) appears to show seven patterns on the horizon.
Volvo is following a path set by Tesla, which also has an uncompromising all-electric range. Ford plans to eliminate gas engines by 2030 as well, but only in Europe, while GM mentionned that it would only sell electric vehicles to the world by 2035. European rival Volkswagen, meanwhile, has pledged to produce 1.5 million electric vehicles by 2025, while Mercedes-Benz has announced plans to build six fully electric cars over the next two years.