Volvo is planning for the end of diesel

Volvo is planning for the end of diesel

Volvo is planning for the end of diesel

Chief Executive Hakan Samuelsson of Volvo Cars has said that the company could possibly be making its last generation of diesel engines. Volvo introduced new-generation diesel engines in 2013 and is planning to use these powerplants till 2023. This set-up utilizes a 2.0-liter, turbocharged four-cylinder that powers the front wheels and a powerful electric motor to drive the rear.Volvo aims to release their first all-electric auto by 2019 with a goal of one million EVs sold by 2025.

In a subsequent statement emailed to Reuters, Samuelsson said diesel engines would still play an important role in meeting certain emissions standards for at least the next few years, since they are still more fuel efficient than gasoline engines.

Even the current generation of Volvo diesel engines are turbocharged to make the most of the waste gases and reduce the resulting emissions from the vehicle.

Samuelsson further added, "We have to recognise that Tesla has managed to offer such a auto for which people are lining up".

The money, machine and manpower saved will be invested in developing electric and hybrid powertrains instead. "In this area, there should also be space for us, with high quality and attractive design". This is partly due to the popularity of diesel vehicles in Europe, accounting for over 50% of all new registrations there.

In the Frankfurter Allgemeine Zeitung interview, Samuelsson said diesels would be needed to meet European Union emissions standards until 2020, when anticipated changes to the rules will drive up the cost of diesel.

Volvo CEO Håkan Samuelsson has revealed that the company could abandon diesel engines in the near future.

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