Get All Access for $5/mo

Volvo to Go All Electric by 2019 The move marks 'the historic end of cars that only have an internal combustion engine.'

By Angela Moscaritolo

This story originally appeared on PCMag

via PC Mag

Volvo on Wednesday announced that every vehicle it launches from 2019 will have an electric motor.

The move marks "the historic end of cars that only have an internal combustion engine (ICE)," the Swedish car maker says. In other words, "there will in future be no Volvo cars without an electric motor, as pure ICE cars are gradually phased out and replaced by ICE cars that are enhanced with electrified options."

Volvo plans to launch five fully electric cars between 2019 and 2020, three under the namesake brand itself and two from Polestar, the company's performance car arm. Volvo will also offer gas and diesel plug-in hybrids, as well as "mild hybrid" 48-volt options on all models.

"People increasingly demand electrified cars and we want to respond to our customers' current and future needs," Volvo's President and Chief Executive, Håkan Samuelsson, said in a statement. "You can now pick and choose whichever electrified Volvo you wish."

The company aims to sell 1 million electrified cars -- and have "climate neutral manufacturing operations" -- by 2025.

Meanwhile, Volvo is also aiming to bring fully autonomous vehicles to market in the next few years. The company has been testing its autonomous vehicles in Australia, where it's encountered a particularly challenging obstacle: kangaroos. Volvo Australia's Technical Manager David Pickett told the Australian Broadcasting Corporation that the unusual way the marsupials move confuses the company's autonomous vehicles.

"When it's in the air it actually looks like it's further away, then it lands and it looks closer," Pickett said, according to the report. The company is, however, confident it can solve the problem, and says the issue won't delay the rollout of autonomous vehicles in Australia.

Angela Moscaritolo has been a PCMag reporter since January 2012. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

How to Be a Billionaire By 25, According to a College Dropout Turned CEO Worth $1.6 Billion

Austin Russell became the world's youngest self-made billionaire in 2020 at age 25.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity

Discover the top 5 AI tools for marketing and content creation that every marketer needs to know.

Business News

How to Build a Successful Startup, According to an Investor Who Made Early Bets on Twitter, Lyft, and Twitch

He's found a few patterns after nearly two decades of investing in startups.

Science & Technology

No More ChatGPT? Here's Why Small Language Models Are Stealing the AI Spotlight

Entrepreneurs can leverage this growing tech to create innovative, efficient and targeted AI solutions.