Volvo Reveals Plans to Have All-Electric Vehicle Lineup by 2030

Following similar announcements from General Motors and Jaguar earlier this year, Volvo Car Group just revealed that it plans to go all-electric by 2030.

That means all of Volvo’s cars that use an internal combustion engine (including the hybrids) will be phased out completely by the end of this decade, so the company can focus its efforts on electric vehicles. Volvo says the decision is part of its climate plan to reduce the life cycle carbon footprint of each car it makes.

Last year, Volvo pulled the wraps off the XC40 Recharge P8, an all-wheel drive electric vehicle that, Volvo says, has about a 250-mile range and can charge to 80 percent capacity within 40 minutes on a fast charger system.

The move is not entirely surprising, especially considering Volvo Car Group is owned by the Chinese company Zhejiang Geely Holding. The Chinese government is pushing hard to have most of the vehicles sold in China to be electric by 2035.

You can read more on the announcement in the official Volvo Car Group press release here.