Volvo just announced plans to phase out gas-only car production by 2019, at which time all new Volvos will either be fully electric or electric hybrids. The company also said that it would launch three new fully electric Volvos between 2019 and 2021, and two high performance electrics under the Polestar brand. “This announcement marks the end of the solely combustion engine-powered car,” said CEO Håkan Samuelsson. “Volvo Cars has stated that it plans to have sold a total of one million electrified cars by 2025. When we said it we meant it. This is how we are going to do it.” In May Volvo announced that it plans to be one of the first automakers to build Android into its next generation cars. Last week Volvo announced a partnership with Nvidia for its 2021 self-driving cars.
These announcements make Volvo one of the most interesting companies to watch as the automobile lurches into the future.