Volvo Confirms Phase Out of Diesel Vehicles, Ending Production in 2024 to Transition to All-Electic

Volvo Cars, a Swedish luxury vehicle maker, is putting an end to its production of diesel-powered cars. The company said the phasing out of this type of vehicle has been set for early 2024.

Volvo Cars said on Tuesday, Sept. 19, that this will also be the start of the company’s full transition to become an all-electric car producer. The automobile manufacturer said that its remaining diesel models are going away in a few months, and once their production completely stops, Volvo will head towards their planned all-electric future, as per Reuters.

Volvo’s target is to reach the fully electric level and sell only EVs by the year 2030. Its ultimate goal is to become a climate-neutral firm by 2040. It has a clear plan for its electrification dream, considered one of its most ambitious transformation plans to date.

At any rate, it was mentioned that the firm will release its last batch of diesel-powered cars next year. Through its plans, Volvo is also reaffirming its commitment to an all-electric future that will also be helpful with climate change efforts.

“Electric powertrains are our future, and superior to combustion engines: they generate less noise, less vibration, less servicing costs for our customers and zero tailpipe emissions,” Volvo Cars’ chief executive officer, Jim Rowan, said in a press release. “We are fully focused on creating a broad portfolio of premium, fully electric cars that deliver on everything our customers expect from a Volvo - and are a key part of our response to climate change.”

In response to the United Nations talks about the urgency of the climate emergency faced by humanity during the recent Global Climate Stocktake report, the Volvo Cars chief added, “What the world needs now, at this critical time for our planet and humanity, is leadership. It is high time for industry and political leaders to be strong and decisive, and deliver meaningful policies and actions to fight climate change.”

Finally, he ended his statement by saying that Volvo Cars is committed to doing its part and encouraging other automakers and political leaders worldwide to do their part as well.

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