Shocking news – Volvo Cars CEO Håkan Samuelsson has said that the future for Volvo is one with “no more diesel engines”.
In an interview with German publication Frankfurter Allgemeine Zeitung he explained that Volvo’s current diesel engines may well be the last of their kind.
He believes that electric technology is necessary to meet upcoming European carbon emission standards. These will require OEMs to drop from 130g/km to just 95g/km in 2021.
In the longer run, there is talk of new regulations will severely limit nitrogen oxides (NOx).
Volvo sees Emission ‘free’ electric cars seem to be the only viable solution to ensure the firm’s long-term success. Its first all-electric car is set to arrive in 2019.