Key Points
Volvo Car AB produced its last automobile with a diesel engine this week, ending an era for the manufacturer that plans to only make electric vehicles by 2030...
Volvo Car is phasing out the technology just as global demand for electric vehicles is cooling, though itll still make cars with gasoline engines...
We are quite confident that we have very good customer offers even without the diesel, Erik Severinson, a Volvo Car executive in charge of new cars and operations strategy, said in an interview...
In 2017, Volvo Car became the first major automaker to commit to phasing out vehicles powered solely by fossil fuels and has since introduced several hybrid and fully electric models..
While Volvo Car will continue to support its diesel customers and offer spare parts, its not slowing on EVs as the technology still offers more growth in the long term, Severinson said...
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