Volvo: No More Diesels After 2024
It’s no secret that Volvo wants to become a completely climate-neutral company, and the automaker has promised to go fully electric by the end of the decade. As part of that transition, Volvo is completely phasing out its iconic diesel powertrains by early next year.
The automaker doesn’t sell diesels in the United States but said the fuel was its “bread and butter in Europe” just a few years ago. While diesels made up the majority of its sales in 2019, Volvo said that EVs had overtaken the configuration, saying that electric vehicles and plug-in hybrids are top sellers today.
Despite not selling diesels here, Volvo announced its decision earlier this week at Climate Week in New York City. The company sold all of its interest in the joint venture with Aurobay, transferring out the last of its combustion engine assets.
Automakers of all stripes are working toward electrification, which has led to the discontinuation of some popular gas powertrain options and drivetrain features. Volkswagen recently announced that it would phase out the manual transmission option for the Golf GTI and Golf R, and several others have moved away from V8 and V6 engines in favor of turbocharged four-cylinders and smaller engines.
Volvo currently sells two EVs in the U.S., including the C40 Recharge and XC40 Recharge, but the company will soon offer two new models. The EX90 and EX30 EVs are coming in the next year, bringing dedicated electric architecture and advanced safety tech.
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