It is well known that all major car manufacturers have decided to stop offering cars with ICE by the end of the decade, and switch to the production of fully electric cars. According to the latest information, it seems that Volvo has decided on a radical move, announcing that it will end the production of all remaining diesel models by the beginning of 2024.

“Electric powertrains are our future, and superior to combustion engines: they generate less noise, less vibration, less servicing costs for our customers and zero tailpipe emissions. We’re fully focused on creating a broad portfolio of premium, fully electric cars that deliver on everything our customers expect from a Volvo – and are a key part of our response to climate change,” says Jim Rowan, Chief Executive at Volvo Cars.

Diesel cars used to be in high demand, at least in Europe. In 2015, more than 50 percent of new cars sold in Europe were diesels. But since then, their demand has been falling rapidly, and today it is only 14 percent.

2019 was the last year when the majority of Volvo cars sold were diesels. After that, a big drop in sales of these cars was recorded every year, and last year it was only 8.9 percent. According to sales data for last month, 33 percent of Volvo cars sold were fully electric or plug-in hybrid models, while it is not known how many of the remaining 67 percent were diesel cars.

Source: Volvo