Volvo's Electric Future  

Posted by Big Gav in ,

The Atlantic reports that Volvo is going to cease making fossil fueled vehicles entirely - Volvo's Electric Future.

Volvo, the Chinese-owned Swedish automaker, announced Tuesday that starting in 2019 it will only make fully electric or hybrid cars. ... The move is a significant bet by the carmaker that the age of the internal-combustion engine is quickly coming to an end—though the Gothenburg, Sweden-based automaker is lone among the world’s major automakers to move so aggressively into electric or hybrid cars. Volvo sold around half a million cars last year, significantly less than the world’s largest car companies such as Toyota, Volkswagen, and GM, but far greater than the 76,000 sold by Tesla, the all-electric carmaker.

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