Volvo plans to become a fully electric company by 2030, and the move could well be successful if Europe bans the sale of petrol and diesel cars.

Author: HT Auto Desk
May 20, 2022, 9:40 p.m.

Electric models, such as the XC40 Recharge, aim to provide Volvo with a solid base in the zero-emission EV category. (HT Auto / Dasgupta)

Volvo has joined a growing call from automakers supporting a possible move in Europe to ban the sale of petrol and diesel vehicles on the continent by 2035 to meet emissions and climate targets. The US auto giant Ford too recently put their weight behind such a move, even if manufacturers are trying to bet more on electric mobility.

But while a number of car companies have supported the move, Volvo and Ford are the only two car brands reportedly to have signed a letter from 28 cross-industry companies wanting the European Union to formally ban the sale of cars with internal combustion engines. . (ICE). It is not surprising that Volvo is a part of it. “Volvo Cars plans to become an all-electric car company by 2030 and supports stopping fossil fuel sales in Europe by 2035,” said Jim Rowan, CEO. Volvo Machines reportedly. “Not only would this be in line with the Paris Agreement, which requires 100% of exhaust car sales in Europe by 2035, but it’s just right. It’s a window for us to avoid the worst effects of global warming coming to an end quickly.”

The goal of selling only zero-emission cars in Europe may be noble, but it is not as simple as it may seem. A formal decision in this regard is likely to be made in Juen when the European Parliament considers the matter.

Volvo has a good position to make the most of the transition to electric mobility. His XC40 Recharge EV is already sold in various markets and was recently introduced for India.

Ford is also determined to play the EV game with great enthusiasm and has a number of models on sale. Can companies take over Tesla to reduce the gap that the company led by Ilona Maska has is something that only time will tell.

Date of first publication: 09:40, 20 May 2022 IST

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