While it still remains one of the most well-known luxury brands of cars in the business, Volvo is not about to wait until it becomes left behind by current trends. As a result, the company has announced that it will be producing only electric cars in the future, saying goodbye to internal combustion engines. This makes Volvo the first of major car companies to take the leap.
It’s worth noting that many other companies are already putting in a lot of effort in creating their own electric car lineups, including Ford, GM, and BMW. However, none of the other major auto makers have declared an intention to fully commit to electric cars and abandon traditional gas vehicles. As Volvo CEO Håkan Samuelsson notes in a video attached to an official Tweet, the company is more than ready to do this.
We are committed to electrification, so from 2019 all new Volvo car models will include an electric motor. #VolvoCarsEVs pic.twitter.com/FWGVKyAdgo
— Volvo Cars (@volvocarsglobal) July 5, 2017
“Volvo cars is taking a bold step forward,” Samuelsson said, “heralding the end of an era for the pure internal combustion engine.”
The company followed this up with a confirmation via press release, which states that as of 2019 and onward, the company will only be releasing electric cars.
“This is about the customer,” Samuelsson said in the press release. “People increasingly demand electrified cars and we want to respond to our customers’ current and future needs. You can now pick and choose whichever electrified Volvo you wish.”
As Futurism notes, this announcement by Volvo is a huge turning point for the auto industry. An established car maker declaring that it was leaving behind the format that it was built on for a better future is exactly what renewable energy enthusiasts have been clamoring for. Volvo is the first to respond favorably.
It’s also worth noting that Volvo’s case is different compared to that of Tesla. Elon Musk built his company as a fully electric setup from the start. None of his vehicles used fossil fuel.


U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade
South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand
HKEX’s Permissive IPO Rules Could Open Opportunities for Korea to Strengthen Its Position in International Listings
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks
Microsoft Restores Microsoft 365 Services After Widespread Outage
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
Nintendo Stock Jumps as Switch 2 Becomes Best-Selling Console in the U.S. in 2025
Intel Stock Slides Despite Earnings Beat as Weak Q1 Outlook Raises Concerns




