Volvo will no longer sell gasoline models in 2025
The ambitions of the Swedish manufacturer Volvo in terms of electrification were already well known. Basically, he hopes to sell at least a million EVs a year by 2025 and have those account for half of his total sales.
Now Volvo is adding it up: the other half of its sales will be hybrid models, which means there should be no new, all-gasoline vehicles in dealer yards for less than five years.
The announcement comes alongside major investments to internally develop the electric motors that will power the next generation of Volvo vehicles (based on the SPA 2 platform). A new laboratory designed for this purpose has just opened in Shanghai, China. It is added to that of Göteborg as well as to the battery laboratories already established in Sweden and China.
Photo: Volvo
Volvo believes...