Volvo Cars said it would convert its entire lineup to battery power by 2030, phasing out internal combustion engine vehicles faster than other automakers like General Motors.
Volvo, based in Sweden and owned by Geely Holding of China, has been ahead of larger rivals in converting to electric power. In 2019, all the models it sold were either hybrids or ran solely on batteries.
By 2030, Volvo will “phase out any car in its global portfolio with an internal combustion engine, including hybrids,” the company said in a statement on Tuesday.
Hybrids have better fuel economy than conventional vehicles, but they may not be much better for the climate or for urban air quality if drivers do not use the electric capabilities.
