Super clickbait... Curt Sent from Yahoo Mail on Android On Wed, Jul 5, 2017 at 2:19 PM, Andrew Strasfogel via Mercedes<mercedes@okiebenz.com> wrote: ELECTRIC VEHICLESVolvo bidding end to gas-powered engines
Published: Wednesday, July 5, 2017 [image: Volvo automobile on assembly line. Photo: Volvo.] Volvo has vowed to phase out the internal combustion engine by 2019. Volvo Volvo Car Corp. has vowed to abandon the traditional gas-powered internal combustion engine within two years. The Sweden-based, Chinese-owned automaker announced today that it will only offer new hybrid or battery electric vehicles starting in 2019. It becomes the first mainstream manufacturer to promise to completely phase out the gas-powered engine that has dominated vehicles since Ford's Model T in 1908 in favor of a technology that still represents a tiny share of the global market. Volvo announced it will launch five fully electric cars between 2019 and 2021. Plug-in hybrid cars that partly use petrol or diesel and electrified "mild hybrid" 48-volt cars will complete the lineup. Battery electric vehicles just cracked 1 percent of new car sales in the U.S. last year. Hybrids accounted for 2 percent. Automakers, electric utilities and petroleum companies are all betting the share of electric vehicles will increase, though analysts disagree on how fast that will happen. They expect the vehicles will get more popular as battery prices fall, range gets longer and charging infrastructure builds out. Automakers are also planning to pair increasing automation with electrification. Automakers also face increasingly tight sales and carbon reduction targets in China, the European Union and the United States. "This announcement marks the end of the solely combustion-engine-powered car," said Håkan Samuelsson, Volvo's president and CEO. "People increasingly demand electrified cars, and we want to respond to our customers' current and future needs." He reiterated the company's goal to sell a total of 1 million electrified cars by 2025. Volvo sold around half a million cars last year, more than Tesla's 76,000 but much less than the world's largest car companies like Toyota Motor Corp., Volkswagen AG and General Motors Co., which each had around 10 million sales. The mainstream, traditional manufacturers are also looking to electrify: Volkswagen, seeking to put its diesel scandal behind it, has vowed to sell a million electric vehicles by 2025. Ford, seen by critics as a laggard, has promised to introduce more than a dozen electric models, including SUVs. GM's Chevrolet Bolt was the first affordable all-electric vehicle introduced to the market with a range of more than 200 miles. The first of Tesla's Model 3s are expected to roll off the production line later this week. _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
