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Volvo vows to go all-electric by 2030, sell cars only online

Volvo vows to go all-electric by 2030, sell cars only online

Volvo has become the latest carmaker to vow making only electric vehicles. The Swedish carmaker has plans to go all-electric and will phase out all its petrol and diesel models, including hybrid cars. Henrick Green, Volvo’s CTO, said there was no long-term future for cars with combustion engine and the company will make only EVs by 2030. Volvo also said it will sell cars only online in future.

Sandra
Sandra
Hannibal
Hannibal 1 months

The same geniuses who buy electric vehicles have never seen an open pit strip mine. They think they're saving the world when in reality they're going to accelerate its destruction. Not to mention the Europeans already import huge amounts of natural gas to power their electric grid! But on behalf of us investors in lithium and precious metals, thanks for making us rich!

Ken Williams
Ken Williams 1 months

I'm an environmentalist, and this doesn't impress me at all. The "true-cost" of these rechargeable lithium-ion batteries is huge! Lithium is not a renewable resource, it will eventually be depleted (not sustainable). Then, lithium processing uses and pollutes millions of gallons of water for every production run. Then the toxic byproducts are leached into the environment and affect rivers for 100-150 miles downstream. Plus, we still don't have an effective way to recycle them, so they go to landfills when they're unwanted. And they're solution is cobalt batteries, again, a fixed resource that has an intensive processing process and toxic byproducts. Electric cars are a business plan to make money, it has nothing to do with saving the environment. I'd rather see ultra-efficient gasoline engines than this.

ontherun
ontherun 1 months

I live in the Canadian prairies and electric vehicles are very rare for many reasons but logistics are a main reason and Volvo's are also rare so this will probably mean they disappear from our roads, no big loss

Faittastic
Faittastic 1 months

"If you haven't got any technology or money by 2030 we don't care about you"

MyVoice
MyVoice 1 months

Tesla was clearly ahead of the curve and now all car manufacturers are playing catch up. New battery tech now enable cars to exceed 300 miles plus on a single charge and this is only likely to get better with faster charge times being developed. If you have shares in oil tech best to get tid and sell now.

Jerry Mandering
Jerry Mandering 1 months

So no dealerships to go and look the cars over, get a feel for the space and let’s not forget the test drive? Mind you people who drive this kind of vehicle don’t give a damn how they drive, just how superior they are to you.

Central Scrutinizer
Central Scrutinizer 1 months

Dad to see them go out of business like that. We all owe a lot to their innovation.

ken taro
ken taro 1 months

reeeeee

Darknimbus3
Darknimbus3 1 months

Volvo? What is that? :P

wilhemena
wilhemena 1 months

good luck with that business strategy, chuckleheads

6Million$Mansplainer
6Million$Mansplainer 1 months

Volvo, they're boxy but good.

Indo
Indo 1 months

So here's the deal. You do that and the rest of us will build more Coober pedy villas. Then you can address yourselves as Agarthans.

Rational ific
Rational ific 1 months

I'm all for electric vehicles. I think and hope they are the future. With that said, I live in a condo building on the 3rd floor, without a garage or ground-level power outlet to call my own. How can they get someone like me to be able to use one?

mike
mike 1 months

Oh good, something I will never own

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