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Volvo announced that by 2019, all new models will either be fully electric or run by hybrid engines. Volvo Cars President/CEO Hakan Samuelsson said the decision "marks the end of the solely combustion...
with readers working within the Business & Consumer Services and Pharmaceuticals & BioTech industries
Talk about a game-changer. Volvo delivered one to the auto
industry on July 5.
Volvo announced that by 2019, all new models will either be
fully electric or run by hybrid engines. Volvo Cars President/CEO
Hakan Samuelsson said the decision "marks the end of the
solely combustion engine-powered car" and shows the
company's commitment to its stated goal of selling one million
hybrid and electric cars by 2025.
Such forward thinking already is leading Volvo to significant
growth in sales, revenue and net profits. It also looks to play
well with regulators and consumers concerned about decreasing the
impact of auto emissions on global climate change.
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