- Volvo Cars ends diesel production, a significant shift in its 97-year history.
- Aligns with ambitions for full electrification, targeting net zero emissions by 2040.
- Reflects response to global demand for cleaner transportation, regulatory mandates, and consumer preferences.
Volvo Cars takes a leap towards becoming a fully electric manufacturer as it produces its final diesel model
Volvo Cars has announced the cessation of diesel production. This marks a pivotal moment in its 97-year history. Revealed initially at Climate Week NYC last September, this decision has now taken effect. Diesel-powered vehicle assembly ends at Volvo’s plants in Ghent, Belgium, and Torslanda, Sweden.
This move aligns with Volvo’s ambitious goals of transitioning into a fully electric car manufacturer. The company also aims to strive for net zero greenhouse gas emissions by 2040.
In recent years, Volvo’s sales landscape has undergone a dramatic transformation. Electric vehicles now take centre stage. There’s been a remarkable 70% surge in fully electric car sales last year. Additionally, there’s been a 34% increase in global electric market share.
The entire Volvo Group has been skyrocketing towards zero-emissions. Volvo Buses just launched its BZR Electric platform for modular electric buses. Meanwhile, the group’s collaboration with Renault Group over a new electric van venture is only just beginning. We’ve got a busy few years ahead.
As Volvo waves goodbye to diesel, it looks towards a brighter future. This decision reflects not only a strategic shift in business focus but also a response to the evolving needs of consumers. Moreover, one of the world’s most famous manufacturers taking a decisive step towards EVs stands as a testament to how far this industry has come.
