Volvo will only sell fully electric cars and only online from 2030

Volvo says it only wants to sell fully electric cars from 2030 and purchase is then only possible online. By 2025, half of the models sold should already be fully electric. The other half will consist of hybrid models.

The Swedish car brand says it wants to take a leading role in the market for premium electric cars and has therefore set itself the goal of only selling electric cars by 2030. All models with a combustion engine, including hybrid versions, should be phased out by then.

Volvo says the decision was also made because the company expects consumers to increasingly buy electric cars, due to new regulations and the rapid expansion of good charging infrastructure for EVs.

All fully electric Volvos will be for sale online only. The manufacturer will do this under the name Care by Volvo and, according to the car brand, that should yield transparent prices and a user-friendly experience. Volvo will sell the cars through its website, where there will be a choice of preconfigured models. The online purchasing process will be radically simplified, the manufacturer promises.

Last year Volvo released its first fully electric car: the XC40 Recharge. Later on Tuesday, the manufacturer will present a second electric car; that is a new model in the 40 series. In the coming years, Volvo will release several electric models, but details are not yet known. Volvo sold 661,713 cars worldwide last year.

Volvo XC40 Recharge