All new Volvo models launched from 2019 will be available as either a mild petrol hybrid, plug-in petrol hybrid or battery electric vehicle. Note the absence of a diesel powertrain which is not an omission because the company has no plans to offer diesel variants in future. In fact, it has already confirmed this with the new Volvo S60 sedan which will be the first Volvo to be produced without a diesel engine variant.
“Our future is electric and we will no longer develop a new generation of diesel engines,” said Hakan Samuelsson, President & CEO of Volvo Cars. “We will phase out cars with only an internal combustion engine, with petrol hybrid versions as a transitional option as we move towards full electrification. The new S60 represents the next step in that commitment.”
This is the most comprehensive electrification strategy in the car industry and Volvo Cars was the first traditional car maker to commit to all-out electrification in July 2017. By 2025, it aims for fully electric cars to make up 50% of its global sales, with a substantial number to be sold in China, the home country of its owner (the Zhejiang Geely Holding Group).
The new S60, presented as a sports sedan, is based on Volvo’s in-house developed Scalable Product Architecture (SPA) This architecture is also used for the latest new 90-Series and 60-Series models. The new S60 will initially be available with a range of 4-cylinder Drive-E petrol engines as well as with two petrol plug-in hybrid versions. Mild hybrid versions will follow next year.
Production of the new S60 will start later this year at Volvo Cars’ brand new manufacturing facility in the American state of South Carolina. The plant will be the only manufacturing location for the new S60 so besides supplying to the North American market, it will also export its production worldwide.