Volvo was the first automaker to indicate the end of the internal combustion engine by saying that all cars will have an electric motor in three years.
The Chinese company, known for its focus on driver safety, does not completely kill gasoline and diesel.
By 2019, all cars will be all electric hybrids or that combine electric motors and conventionnels.esla, electric starter cars.
On Sunday, it announced that it would begin the delivery of its first mass market car, Model 3, at the end of the month.
Tesla founder Elon Musk said the company was on track to make 200,000 model cars per month by December.
Market Value Exceeds Tesla Ford
Increasing his company has revolutionized the traditional balance of power of the US auto industry.
Tesla, which has no gain, now has a market value of $ 58 billion, almost a quarter more than Ford, one of the Detroit giants that dominated the automotive scene for more than a century.
In addition to moving west – from Detroit to Silicon Valley of California, where it has its Tesla headquarters – the Volvo electric movement emphasizes a shift to the east, China.
Geely, the Chinese owner of Volvo, has continued to advance in the development of electric cars for more than a decade.
“This announcement marks the end of the only car in the combustion engine,” said Hakan Samuelsson, general manager of the Volvo car division.
“People are increasingly demanding more electrified vehicles and we want to meet the current and future needs of our customers,” he said.