Volvo To Debut First All-Electric Car In 2019

Swedish automaker Volvo has announced an ambitious new plan to sell at least one million electrified vehicles by 2020, in a fresh push to become a leader in the transition to zero-emission travel.

The Swedish company plans to achieve this aim by offering at least two hybrid versions of every model in its range and releasing its first all-electric auto in 2019.

"It is a deliberately ambitious target", President and CEO Hakan Samuelsson said in a statement. In a recent press release, Volvo CEO Håkan Samuelsson admits the move is as challenging as it sounds, however the company aims to be one of the leading manufacturers of electric vehicles in the world, and not just Tesla.

In a highly anticipated attempt to match Tesla's unstoppable rise in the EV category, Volvo said that an electric auto with a 325-mile range would be unveiled by the company in about 3 years from now.

This announcement is five years in the making. The strategy has numerous commitments th at puts sustainability at the core of the company's future business operations. It is being referred to as omtanke, meaning "consideration or caring".

"Sustainability is nothing new or something that sits outside our operations, it is something that forms an integral part of everything we do".

The target is based on the cumulative number of electric and hybrid cars sold between now and 2025, Volvo said.

The SPA architecture will used in Volvo's larger 90 series and 60 series cars, while a global range of smaller 40 series cars will have the CMA.

The company is also developing a new pair of platforms, which the company claims can interchangeably work on combining hybrids and EVs.

The Volvo Cars website contains the full Sustainability Report for viewing.

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Source: Volvo To Debut First All-Electric Car In 2019