Safety and sustainability have always been the main core of the brand.
Committing to its sustainable values, Volvo Cars recently announced that the brand will become a fully electric car company by 2030. That means in just nine years, the company will only be selling electric cars and phase out any cars in its line with internal combustion engine, including hybrids. This is a big sustainable step forward for the company, as one of the world’s premium electric car brands.
The 2030 ambition also represents an acceleration of Volvo Cars‘ electrification strategy, guided by the strong demand of electric cars in the recent years. At the same time, Volvo Cars hopes that it’ll accelerate other consumers’ acceptance to fully electric cars.
We are firmly committed to becoming an electric-only car maker and the transition should happen by 2030. It will allow us to meet the expectations of our customers and be a part of the solution when it comes to fighting climate change.Håkan Samuelsson, Chief Executive Officer of Volvo Cars.
The XC40 Recharge is the first fully electric car launched by Volvo Cars, which was introduced last year in 2020. The company also announced that a second fully electric car, a new model in the 40 Series, is also coming soon. This is just a starting point for Volvo Cars as in the next few years, more electric models will soon follow. The company aims for 50% of its global sales to consist of fully electric cars, with the rest hybrids by 2025. And by 2030, every car sold should be fully electric.
Alongside its plans to go fully electric, Volvo Cars also steers its focus to online sales with a more complete, attractive and transparent consumer offer under the name Care by Volvo. The fully electric models will only be available online.