“This announcement marks the end of the solely combustion engine-powered car,” Volvo CEO Håkan Samuelsson said today. “Volvo Cars has stated that it plans to have sold a total of 1 million electrified cars by 2025. Volvo’s initial BEV window, from 2019 to 2021, straddles a critical year for the European car industry. “The first level still includes an internal-combustion engine (ICE) and only the third level has no ICE,” Samuelsson confirmed. Instead he diverted, suggesting the timing of the death of the internal-combustion engine would be entirely “up to the customer to decide”.

Source: Forbes July 05, 2017 19:59 UTC