Volvo: Car manufacturer goes electrical, ditches vehicles powered solely by internal combustion engine – ABC News (Australian Broadcasting Corporation)
Volvo: Car manufacturer goes electrified, ditches vehicles powered solely by internal combustion engine
Volvo will launch five fully-electric cars inbetween two thousand nineteen and 2021.
Volvo plans to build only electrified and hybrid vehicles beginning in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
Key points:
- Global auto industry leisurely moves toward electric-powered vehicles
- The transition to fully electrical vehicles will take years
- Audi and Mercedes-Benz already rolling out mild hybrid cars in Europe.
Chief executive Hakan Samuelsson said the budge was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrified propulsion.
The announcement comes as the global auto industry leisurely moves towards electric-powered vehicles after more than a century of using engines that burn only fossil fuels.
Even however sales are a fraction of conventional autos, companies must sell them to meet fuel economy and emissions regulations.
In some markets, electrical vehicles are observing enlargened request.
Yet, the transition to fully electrical vehicles will take years. Albeit Tesla Inc. announced a $46,000 electrified car for the masses and General Motors Co. is selling the all-electric Chevy Bolt for a similar price, less-expensive hybrids are likely to sell more at least in the brief run.
Other automakers are likely to go after Volvo’s announcement in a few years, with luxury automakers leading the way, senior analyst for Navigant Research Sam Abuelsamid said.
“I think we’ll most likely see most of the premium brands do the same thing in toughly the same time framework,” he said.
“More high-volume mainstream brands will be a little slower.”
Manufacturers moving toward hybrids
In order to meet government fuel-economy requirements worldwide, automakers are developing more hybrid systems.
Many are 48-volt “mild hybrids” that assist a gas engine to stir a car to make it more efficient, improving gas mileage by ten or fifteen per cent, Mr Abuelsamid said.
Such systems generate enough electrical play to permit automakers to budge functions, such as air conditioners and water and oil pumps, to electrified power, getting rid of mechanical belts that are a haul on the engine.
Those systems can run only when needed, and that can save another two or three per cent on fuel consumption.
European luxury brands, such as Audi and Mercedes-Benz, are already rolling out mild hybrid cars in Europe.
All manufacturers are moving towards more hybrids, but the transition to one hundred per cent electrified vehicles is still years away, said Darren Jukes, head of industrial products for accounting hard PricewaterhouseCoopers.
“I don’t think we’re watching the end of combustion engines just yet,” he said.
Volvo, which is based in Sweden but possessed by Chinese rigid Geely, will launch five fully electrical cars inbetween two thousand nineteen and 2021.
Volvo: Car manufacturer goes electrical, ditches vehicles powered solely by internal combustion engine – ABC News (Australian Broadcasting Corporation)
Volvo: Car manufacturer goes electrified, ditches vehicles powered solely by internal combustion engine
Volvo will launch five fully-electric cars inbetween two thousand nineteen and 2021.
Volvo plans to build only electrified and hybrid vehicles commencing in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
Key points:
- Global auto industry leisurely moves toward electric-powered vehicles
- The transition to fully electrical vehicles will take years
- Audi and Mercedes-Benz already rolling out mild hybrid cars in Europe.
Chief executive Hakan Samuelsson said the stir was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrical propulsion.
The announcement comes as the global auto industry leisurely moves towards electric-powered vehicles after more than a century of using engines that burn only fossil fuels.
Even tho’ sales are a fraction of conventional autos, companies must sell them to meet fuel economy and emissions regulations.
In some markets, electrified vehicles are observing enlargened request.
Yet, the transition to fully electrified vehicles will take years. Albeit Tesla Inc. announced a $46,000 electrical car for the masses and General Motors Co. is selling the all-electric Chevy Bolt for a similar price, less-expensive hybrids are likely to sell more at least in the brief run.
Other automakers are likely to go after Volvo’s announcement in a few years, with luxury automakers leading the way, senior analyst for Navigant Research Sam Abuelsamid said.
“I think we’ll most likely see most of the premium brands do the same thing in harshly the same time framework,” he said.
“More high-volume mainstream brands will be a little slower.”
Manufacturers moving toward hybrids
In order to meet government fuel-economy requirements worldwide, automakers are developing more hybrid systems.
Many are 48-volt “mild hybrids” that assist a gas engine to budge a car to make it more efficient, improving gas mileage by ten or fifteen per cent, Mr Abuelsamid said.
Such systems generate enough electrical play to permit automakers to stir functions, such as air conditioners and water and oil pumps, to electrified power, getting rid of mechanical belts that are a haul on the engine.
Those systems can run only when needed, and that can save another two or three per cent on fuel consumption.
European luxury brands, such as Audi and Mercedes-Benz, are already rolling out mild hybrid cars in Europe.
All manufacturers are moving towards more hybrids, but the transition to one hundred per cent electrified vehicles is still years away, said Darren Jukes, head of industrial products for accounting rigid PricewaterhouseCoopers.
“I don’t think we’re witnessing the end of combustion engines just yet,” he said.
Volvo, which is based in Sweden but possessed by Chinese rock hard Geely, will launch five fully electrical cars inbetween two thousand nineteen and 2021.