Electric showroom charge
A spark of an idea is nothing new for a pioneering global manufacturer like Volvo, yet the Swedish automaker will embark upon one of the most momentous industry changes in 2019 when it starts to electrify its entire vehicle range.
Volvo’s historic move will place electrification at the core of its future business as every new model released from 2019 will feature an electric motor – ending an era of cars powered exclusively by the enduring internal combustion engine.
The future Volvo showroom will comprise fully electric cars, plug-in hybrid cars, and mild hybrid cars.
Five fully electric vehicles will launch between 2019 and 2021, three of which will be Volvos. The other two models will be Polestars – members of a new breed of separately badged global high-performance vehicles from Volvo’s performance arm.
These five cars will be supplemented by a range of petrol and diesel plug-in hybrid and mild hybrid (48-volt) options on all models, representing one of the broadest electrified offerings of any car maker.
The 48-volt system is a combination of battery that stores energy and a solution that acts as starter, generator and electric motor.
“The mild hybrid system represents an accessible stepping stone in the move to full electrification, and it is a real alternative to diesel,” said Karin Thorn Almquist, Volvo Cars’ Vice President Vehicle Propulsion. “It will deliver a better everyday driving experience as well as reduced fuel consumption and emissions.”
Håkan Samuelsson, Volvo Cars President and Chief Executive, said the move to electrification was all about the customer.
“People increasingly demand electrified cars and we want to respond to our customers’ current and future needs,” he said. “You can now pick and choose whichever electrified Volvo you wish.
“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 one million electrified cars by 2025. When we said it, we meant it. This is how we are going to do it.”
The announcement underlines Volvo Cars’ commitment to minimising its environmental impact and making the cities of the future cleaner. Volvo Cars is focused on reducing the carbon emissions of both its products as well as its operations. It aims to have climate-neutral manufacturing operations by 2025.
Volvo Cars is also planning to create a new joint-venture technology company with Geely Holding, which will accelerate the development of next-generation electrified vehicle technology through even greater industrial synergies and economies of scale.
The deepening of the partnership with the Chinese car group will allow Volvo Cars, Geely Auto and Lynk & Co to share existing and future vehicle architecture and engine technologies via cross-licensing arrangements of technologies managed by the new 50/50 joint venture.