Volvo to go all-electric by 2030 with new small EV planned

Volvo will sell only electric cars by 2030 and push more sales online, away from conventional dealers  

Volvo teaser XC20

Volvo has announced that it will offer only electric cars by 2030 - and that it will push its sales of EVs into online transactions instead of conventional dealerships.

The Swedish brand hit the headlines back in 2017 when it became the first major manufacturer to say it had a plan to no longer sell cars powered by combustion engines. That announcement was made in 2019, and Volvo is now focusing on achieving half of its sales volumes with pure-electric models by 2025.

But in a statement released this morning, Volvo says it now expects to phase out any models containing a combustion engine at all - plug-in hybrids, in effect - by the end of this decade. Volvo says the decision “builds on the expectation that legislation as well as a rapid expansion of accessible high-quality charging infrastructure will accelerate consumer acceptance of fully electric cars”.

Volvo’s plan follows a number of significant brands committing to an all-electric future within the next 10 years. Ford announced last month that it all of its sales in Europe will be electric only by 2030, while the Jaguar nameplate will switch to EVs even earlier, by 2025.

“To remain successful, we need profitable growth,” Volvo CEO Hakan Samuelsson said. “So instead of investing in a shrinking business, we choose to invest in the future - electric and online. We are fully focused on becoming a leader in the fast-growing premium electric segment.”

Volvo ‘XC20’ on the way

Volvo will reveal its second pure-electric car, a new 40-series model, later today. Samuelsson confirmed to Auto Express last year that it is also working on a smaller EV, potentially to be badged XC20 and based on the new SEA platform developed by Volvo’s owner Geely. A top-down teaser image, released by the company and labelled ”mid-decade electric portfolio” includes a car that’s similar in size to the current XC40, but also a slightly smaller model. It’s the first official glimpse of the baby EV.

The push to all-electric cars will take place solely online, Volvo has also announced - as these zero-emissions models available only through digital sales, alongside the firm’s existing Care by Volvo subscription offering. Volvo’s head of global commercial operations, Lex Kerssemakers, said, “We want to offer our customers peace of mind and a care-free way of having a Volvo, by taking away complexity while getting and driving the car. Simplification and convenience are key to everything we do.”

Volvo says that it will involve its dealers in the push towards online, saying they will “remain a crucial part of the customer experience and continue to be responsible for a variety of important services, such as preparing, delivering and servicing cars”.

Now read our review of the all-electric Volvo XC40 Recharge...

Recommended

Baby electric Volvo SUV likely to be built in China
Volvo XC20 - front (watermarked)
Volvo

Baby electric Volvo SUV likely to be built in China

Volvo's upcoming compact electric SUV edges closer, but is unlikely to be named 'XC20'
23 Jul 2021
New Volvo Concept Recharge previews firm’s all-electric future
Volvo Concept Recharge - front
Volvo

New Volvo Concept Recharge previews firm’s all-electric future

The new Volvo Concept Recharge gives a glimpse at the Swedish brand's design language inside and out
30 Jun 2021
Volvo announces new infotainment and safety plans
Volvo future infotainment 2
Volvo

Volvo announces new infotainment and safety plans

Volvo will adopt a new infotainment system and store data from drivers to promote safety
30 Jun 2021
Volvo targets range of 621 miles for EVs by 2030
Volvo battery tech
Volvo

Volvo targets range of 621 miles for EVs by 2030

Rapid-charging tech in Volvo models will be twice as fast by the middle of the decade, brand claims
30 Jun 2021

Most Popular

Limited-run Land Rover Defender Trophy Edition unveiled
Land Rover unveils limited-run Defender Trophy Edition - front
Land Rover Defender

Limited-run Land Rover Defender Trophy Edition unveiled

Just 220 examples will be built to honour past Camel Trophy Land Rovers, all of which have been reserved for the North American market
30 Jul 2021
New 2021 Volkswagen Taigo coupe-SUV breaks cover
Volkswagen Taigo R-Line - front
Volkswagen Taigo

New 2021 Volkswagen Taigo coupe-SUV breaks cover

The new VW Taigo is a sportier, more aggressive looking version of the brand’s T-Cross and is aimed at lifestyle buyers
29 Jul 2021
New 2021 Kia EV6 boasts up to 328 miles of range
Kia EV6 - front
Kia EV6

New 2021 Kia EV6 boasts up to 328 miles of range

Kia reveals more specs for its bespoke electric car, with the EV6 offering long range and an 18-minute 80 per cent rapid recharge time
21 Jul 2021