Volvo goes electrified, ditches cars powered solely by gas
HELSINKI (AP) — Volvo plans to build only electrified and hybrid vehicles beginning in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
CEO Hakan Samuelsson said the stir was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrical propulsion.
The rest of the auto industry is likely to make similar moves in a few years, said Sam Abuelsamid, senior analyst for Navigant Research, with luxury automakers leading the way.
‘‘I think we’ll most likely see most of the premium brands do the same thing in harshly the same time framework,’’ he said. ‘‘More high-volume mainstream brands will be a little slower.’’
In order to meet government fuel economy requirements worldwide, automakers are developing more hybrid systems that use both gas engines and electrified motors. Many are 48-volt ‘‘mild hybrids’’ that assist a gas engine to budge a car to make it more efficient, improving gas mileage by ten or fifteen percent, Abuelsamid said.
Such systems generate enough violet wand to permit automakers to stir functions such as air conditioners and water and oil pumps to electrical power, getting rid of mechanical belts that are a haul on the engine. Those systems can run only when needed, and that can save another two or three percent on fuel consumption — so a vehicle that gets twenty mpg could get about another four miles per gallon he said.
European luxury brands such as Audi and Mercedes-Benz already are rolling out mild hybrid systems on cars in Europe. Those systems likely will be coming to the U.S. because it’s expensive for the companies to build different cars for different markets, Abuelsamid said. General Motors and others already have such systems as options on some models in the U.S.
Cars with mild hybrid systems also can accelerate better because both electrical and gas systems can be used at the same time when needed.
Fully electrified and hybrid vehicle sales have risen a little since two thousand twelve but still accounted for only Two.6 million, or about three percent of worldwide fresh vehicle sales, last year. Navigant predicts that will increase to around Three.7 million in two thousand eighteen and to more than nine million by 2025. That’s about nine percent of sales.
Volvo, which is based in Sweden but possessed by Chinese rigid Geely, will launch five fully electrical cars inbetween two thousand nineteen and 2021. Three of them will be Volvo models and two will be electrified cars from Polestar, Volvo Cars’ spectacle car arm. It also plans to suggest a range of hybrids as options on all models.
Volvo expects to reach its target of selling one million electrified cars by 2025, with a range of models, including fully electrified vehicles and hybrid cars.
The company said its long range models could travel five hundred kilometers (310 miles) on a single charge using current technology, but it is looking for suppliers for fresh and better batteries.
Samuelsson, who acknowledged that the company had been skeptical about electrification only two years ago, said circumstances have switched. ‘‘Things have moved quicker; customer request is enhancing. This is an attractive car people want to have,’’ he said.
He’s hoping Volvo’s announcement will encourage suppliers to invest in battery manufacturing and electric-car chargers.
Last year, Volvo sold 534,332 cars in one hundred countries, up more than six percent from 2015.
Auto Writer Tom Krisher contributed to this report from Detroit.
Volvo goes electrical, ditches cars powered solely by gas
Volvo goes electrified, ditches cars powered solely by gas
HELSINKI (AP) — Volvo plans to build only electrified and hybrid vehicles beginning in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
CEO Hakan Samuelsson said the budge was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrical propulsion.
The rest of the auto industry is likely to make similar moves in a few years, said Sam Abuelsamid, senior analyst for Navigant Research, with luxury automakers leading the way.
‘‘I think we’ll very likely see most of the premium brands do the same thing in harshly the same time framework,’’ he said. ‘‘More high-volume mainstream brands will be a little slower.’’
In order to meet government fuel economy requirements worldwide, automakers are developing more hybrid systems that use both gas engines and electrical motors. Many are 48-volt ‘‘mild hybrids’’ that assist a gas engine to stir a car to make it more efficient, improving gas mileage by ten or fifteen percent, Abuelsamid said.
Such systems generate enough tens unit to permit automakers to stir functions such as air conditioners and water and oil pumps to electrical power, getting rid of mechanical belts that are a haul on the engine. Those systems can run only when needed, and that can save another two or three percent on fuel consumption — so a vehicle that gets twenty mpg could get about another four miles per gallon he said.
European luxury brands such as Audi and Mercedes-Benz already are rolling out mild hybrid systems on cars in Europe. Those systems likely will be coming to the U.S. because it’s expensive for the companies to build different cars for different markets, Abuelsamid said. General Motors and others already have such systems as options on some models in the U.S.
Cars with mild hybrid systems also can accelerate better because both electrified and gas systems can be used at the same time when needed.
Fully electrified and hybrid vehicle sales have risen a little since two thousand twelve but still accounted for only Two.6 million, or about three percent of worldwide fresh vehicle sales, last year. Navigant predicts that will increase to around Trio.7 million in two thousand eighteen and to more than nine million by 2025. That’s about nine percent of sales.
Volvo, which is based in Sweden but wielded by Chinese rock-hard Geely, will launch five fully electrified cars inbetween two thousand nineteen and 2021. Three of them will be Volvo models and two will be electrified cars from Polestar, Volvo Cars’ spectacle car arm. It also plans to suggest a range of hybrids as options on all models.
Volvo expects to reach its target of selling one million electrified cars by 2025, with a range of models, including fully electrical vehicles and hybrid cars.
The company said its long range models could travel five hundred kilometers (310 miles) on a single charge using current technology, but it is looking for suppliers for fresh and better batteries.
Samuelsson, who acknowledged that the company had been skeptical about electrification only two years ago, said circumstances have switched. ‘‘Things have moved swifter; customer request is enhancing. This is an attractive car people want to have,’’ he said.
He’s hoping Volvo’s announcement will encourage suppliers to invest in battery manufacturing and electric-car chargers.
Last year, Volvo sold 534,332 cars in one hundred countries, up more than six percent from 2015.
Auto Writer Tom Krisher contributed to this report from Detroit.
Volvo goes electrical, ditches cars powered solely by gas
Volvo goes electrical, ditches cars powered solely by gas
Volvo plans to build only electrified and hybrid vehicles kicking off in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
CEO Hakan Samuelsson said the budge was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrical propulsion.
The announcement comes as the global auto industry leisurely moves toward electric-powered vehicles after more than a century of using engines that burn only fossil fuels. Even however sales are a fraction of conventional autos, companies must sell them to meet fuel economy and emissions regulations. In some markets electrical vehicles are witnessing enhanced request.
Yet the transition to fully electrified vehicles will take years. Albeit Tesla Inc. has announced a $35,000 electrical car for the masses and General Motors Co. is selling the all-electric Chevy Bolt for a similar price, less-expensive hybrids are likely to sell more at least in the brief run.
Still, other automakers are likely to go after Volvo’s announcement in a few years, said Sam Abuelsamid, senior analyst for Navigant Research, with luxury automakers leading the way.
“I think we’ll very likely see most of the premium brands do the same thing in harshly the same time framework,” he said. “More high-volume mainstream brands will be a little slower.”
In order to meet government fuel economy requirements worldwide, automakers are developing more hybrid systems. Many are 48-volt “mild hybrids” that assist a gas engine to budge a car to make it more efficient, improving gas mileage by ten or fifteen percent, Abuelsamid said.
Such systems generate enough electro-therapy to permit automakers to stir functions such as air conditioners and water and oil pumps to electrical power, getting rid of mechanical belts that are a haul on the engine. Those systems can run only when needed, and that can save another two or three percent on fuel consumption—so a vehicle that gets twenty mpg could get about another four miles per gallon, he said.
European luxury brands such as Audi and Mercedes-Benz already are rolling out mild hybrid cars in Europe. Those systems likely will be coming to the U.S. because it’s expensive for the companies to build different cars for different markets, Abuelsamid said. General Motors and others already have such systems as options on some models in the U.S.
All manufacturers are moving toward more hybrids, but the transition to one hundred percent electrified vehicles is still years away, said Darren Jukes, head of industrial products for the accounting hard PricewaterhouseCoopers. “I don’t think we’re observing the end of combustion engines just yet,” Jukes said.
Fully electrical and hybrid vehicle sales have risen a little since two thousand twelve but still accounted for only Two.6 million, or about three percent of worldwide fresh vehicle sales, last year. Navigant predicts that will increase to around Trio.7 million in two thousand eighteen and to more than nine million by 2025. That’s about nine percent of sales.
Volvo’s announcement, coupled with some negative analyst notes and Monday’s announcement of lower than expected production, weighed on Tesla’s stock Wednesday. Shares of the Palo Alto, California, company closed down 7.Two percent to $327.09.
Volvo, which is based in Sweden but wielded by Chinese rigid Geely, will launch five fully electrical cars inbetween two thousand nineteen and 2021. Three of them will be Volvo models and two will be electrified cars from Polestar, Volvo Cars’ spectacle car arm. It also plans to suggest a range of hybrids as options, expecting to sell one million electrified cars by 2025.
The company said its long range models could travel five hundred kilometers (310 miles) on a single charge using current technology, but it is looking for suppliers of fresh and better batteries.
Samuelsson, who acknowledged that the company had been skeptical about electrification only two years ago, said circumstances have switched. “Things have moved quicker; customer request is enlargening,” he said.
Last year, Volvo sold 534,332 cars in one hundred countries, up more than six percent from 2015.
© two thousand seventeen The Associated Press. All rights reserved.
Explore further
Volvo, Autoliv form driverless car joint venture
Swedish automaker Volvo Cars will form a joint venture with car safety world leader Autoliv to develop software for driverless vehicles, the two companies said on Tuesday.
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Volvo Car Corp. plans to sell a self-driving vehicle to consumers in five years.
Volvo and Uber form driverless car venture
Sweden-based manufacturer Volvo Cars said on Thursday it would team up with ride-sharing service Uber in a $300 million (265 million euro) joint venture to develop driverless automobiles.
Chinese-owned brand Volvo is recalling 59,000 cars
Sweden’s Volvo Cars says it is recalling 59,000 cars in forty markets because of faulty software that can shortly shut down the engine and electrified system while driving.
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Swedish police say their testing of nine electrical cars has sparked “positive reactions,” telling units that operated the vehicles will proceed to use them.
Volvo says self-driving cars will react ‘quicker than most humans’
Swedish carmaker Volvo Cars announced Thursday that it had finished designs for self-driving cars which it plans to put on the road in two years.
Volvo goes electrical, ditches cars powered solely by gas
Volvo goes electrified, ditches cars powered solely by gas
Volvo plans to build only electrified and hybrid vehicles commencing in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
CEO Hakan Samuelsson said the stir was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrical propulsion.
The announcement comes as the global auto industry leisurely moves toward electric-powered vehicles after more than a century of using engines that burn only fossil fuels. Even tho’ sales are a fraction of conventional autos, companies must sell them to meet fuel economy and emissions regulations. In some markets electrical vehicles are observing enhanced request.
Yet the transition to fully electrified vehicles will take years. Albeit Tesla Inc. has announced a $35,000 electrical car for the masses and General Motors Co. is selling the all-electric Chevy Bolt for a similar price, less-expensive hybrids are likely to sell more at least in the brief run.
Still, other automakers are likely to go after Volvo’s announcement in a few years, said Sam Abuelsamid, senior analyst for Navigant Research, with luxury automakers leading the way.
“I think we’ll most likely see most of the premium brands do the same thing in harshly the same time framework,” he said. “More high-volume mainstream brands will be a little slower.”
In order to meet government fuel economy requirements worldwide, automakers are developing more hybrid systems. Many are 48-volt “mild hybrids” that assist a gas engine to budge a car to make it more efficient, improving gas mileage by ten or fifteen percent, Abuelsamid said.
Such systems generate enough electro-stimulation to permit automakers to budge functions such as air conditioners and water and oil pumps to electrical power, getting rid of mechanical belts that are a haul on the engine. Those systems can run only when needed, and that can save another two or three percent on fuel consumption—so a vehicle that gets twenty mpg could get about another four miles per gallon, he said.
European luxury brands such as Audi and Mercedes-Benz already are rolling out mild hybrid cars in Europe. Those systems likely will be coming to the U.S. because it’s expensive for the companies to build different cars for different markets, Abuelsamid said. General Motors and others already have such systems as options on some models in the U.S.
All manufacturers are moving toward more hybrids, but the transition to one hundred percent electrical vehicles is still years away, said Darren Jukes, head of industrial products for the accounting hard PricewaterhouseCoopers. “I don’t think we’re eyeing the end of combustion engines just yet,” Jukes said.
Fully electrified and hybrid vehicle sales have risen a little since two thousand twelve but still accounted for only Two.6 million, or about three percent of worldwide fresh vehicle sales, last year. Navigant predicts that will increase to around Three.7 million in two thousand eighteen and to more than nine million by 2025. That’s about nine percent of sales.
Volvo’s announcement, coupled with some negative analyst notes and Monday’s announcement of lower than expected production, weighed on Tesla’s stock Wednesday. Shares of the Palo Alto, California, company closed down 7.Two percent to $327.09.
Volvo, which is based in Sweden but wielded by Chinese rigid Geely, will launch five fully electrified cars inbetween two thousand nineteen and 2021. Three of them will be Volvo models and two will be electrified cars from Polestar, Volvo Cars’ spectacle car arm. It also plans to suggest a range of hybrids as options, expecting to sell one million electrified cars by 2025.
The company said its long range models could travel five hundred kilometers (310 miles) on a single charge using current technology, but it is looking for suppliers of fresh and better batteries.
Samuelsson, who acknowledged that the company had been skeptical about electrification only two years ago, said circumstances have switched. “Things have moved quicker; customer request is enlargening,” he said.
Last year, Volvo sold 534,332 cars in one hundred countries, up more than six percent from 2015.
© two thousand seventeen The Associated Press. All rights reserved.
Explore further
Volvo, Autoliv form driverless car joint venture
Swedish automaker Volvo Cars will form a joint venture with car safety world leader Autoliv to develop software for driverless vehicles, the two companies said on Tuesday.
Volvo plans to sell self-driving car in five years
Volvo Car Corp. plans to sell a self-driving vehicle to consumers in five years.
Volvo and Uber form driverless car venture
Sweden-based manufacturer Volvo Cars said on Thursday it would team up with ride-sharing service Uber in a $300 million (265 million euro) joint venture to develop driverless automobiles.
Chinese-owned brand Volvo is recalling 59,000 cars
Sweden’s Volvo Cars says it is recalling 59,000 cars in forty markets because of faulty software that can shortly shut down the engine and electrified system while driving.
Swedish police successfully test electrified cars
Swedish police say their testing of nine electrified cars has sparked “positive reactions,” telling units that operated the vehicles will proceed to use them.
Volvo says self-driving cars will react ‘quicker than most humans’
Swedish carmaker Volvo Cars announced Thursday that it had ended designs for self-driving cars which it plans to put on the road in two years.
Volvo goes electrified, ditches cars powered solely by gas
Volvo goes electrical, ditches cars powered solely by gas
HELSINKI (AP) — Volvo plans to build only electrified and hybrid vehicles kicking off in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
CEO Hakan Samuelsson said the budge was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrical propulsion.
The rest of the auto industry is likely to make similar moves in a few years, said Sam Abuelsamid, senior analyst for Navigant Research, with luxury automakers leading the way.
‘‘I think we’ll very likely see most of the premium brands do the same thing in toughly the same time framework,’’ he said. ‘‘More high-volume mainstream brands will be a little slower.’’
In order to meet government fuel economy requirements worldwide, automakers are developing more hybrid systems that use both gas engines and electrical motors. Many are 48-volt ‘‘mild hybrids’’ that assist a gas engine to stir a car to make it more efficient, improving gas mileage by ten or fifteen percent, Abuelsamid said.
Such systems generate enough violet wand to permit automakers to budge functions such as air conditioners and water and oil pumps to electrical power, getting rid of mechanical belts that are a haul on the engine. Those systems can run only when needed, and that can save another two or three percent on fuel consumption — so a vehicle that gets twenty mpg could get about another four miles per gallon he said.
European luxury brands such as Audi and Mercedes-Benz already are rolling out mild hybrid systems on cars in Europe. Those systems likely will be coming to the U.S. because it’s expensive for the companies to build different cars for different markets, Abuelsamid said. General Motors and others already have such systems as options on some models in the U.S.
Cars with mild hybrid systems also can accelerate better because both electrical and gas systems can be used at the same time when needed.
Fully electrified and hybrid vehicle sales have risen a little since two thousand twelve but still accounted for only Two.6 million, or about three percent of worldwide fresh vehicle sales, last year. Navigant predicts that will increase to around Trio.7 million in two thousand eighteen and to more than nine million by 2025. That’s about nine percent of sales.
Volvo, which is based in Sweden but possessed by Chinese hard Geely, will launch five fully electrified cars inbetween two thousand nineteen and 2021. Three of them will be Volvo models and two will be electrified cars from Polestar, Volvo Cars’ spectacle car arm. It also plans to suggest a range of hybrids as options on all models.
Volvo expects to reach its target of selling one million electrified cars by 2025, with a range of models, including fully electrical vehicles and hybrid cars.
The company said its long range models could travel five hundred kilometers (310 miles) on a single charge using current technology, but it is looking for suppliers for fresh and better batteries.
Samuelsson, who acknowledged that the company had been skeptical about electrification only two years ago, said circumstances have switched. ‘‘Things have moved swifter; customer request is enhancing. This is an attractive car people want to have,’’ he said.
He’s hoping Volvo’s announcement will encourage suppliers to invest in battery manufacturing and electric-car chargers.
Last year, Volvo sold 534,332 cars in one hundred countries, up more than six percent from 2015.
Auto Writer Tom Krisher contributed to this report from Detroit.
Volvo goes electrical, ditches cars powered solely by gas
Volvo goes electrified, ditches cars powered solely by gas
HELSINKI (AP) — Volvo plans to build only electrical and hybrid vehicles commencing in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
CEO Hakan Samuelsson said the stir was dictated by customer request. It means that in two years, all fresh Volvo vehicles will have some form of electrified propulsion.
The rest of the auto industry is likely to make similar moves in a few years, said Sam Abuelsamid, senior analyst for Navigant Research, with luxury automakers leading the way.
‘‘I think we’ll most likely see most of the premium brands do the same thing in toughly the same time framework,’’ he said. ‘‘More high-volume mainstream brands will be a little slower.’’
In order to meet government fuel economy requirements worldwide, automakers are developing more hybrid systems that use both gas engines and electrical motors. Many are 48-volt ‘‘mild hybrids’’ that assist a gas engine to stir a car to make it more efficient, improving gas mileage by ten or fifteen percent, Abuelsamid said.
Such systems generate enough electric current to permit automakers to stir functions such as air conditioners and water and oil pumps to electrical power, getting rid of mechanical belts that are a haul on the engine. Those systems can run only when needed, and that can save another two or three percent on fuel consumption — so a vehicle that gets twenty mpg could get about another four miles per gallon he said.
European luxury brands such as Audi and Mercedes-Benz already are rolling out mild hybrid systems on cars in Europe. Those systems likely will be coming to the U.S. because it’s expensive for the companies to build different cars for different markets, Abuelsamid said. General Motors and others already have such systems as options on some models in the U.S.
Cars with mild hybrid systems also can accelerate better because both electrified and gas systems can be used at the same time when needed.
Fully electrified and hybrid vehicle sales have risen a little since two thousand twelve but still accounted for only Two.6 million, or about three percent of worldwide fresh vehicle sales, last year. Navigant predicts that will increase to around Three.7 million in two thousand eighteen and to more than nine million by 2025. That’s about nine percent of sales.
Volvo, which is based in Sweden but wielded by Chinese stiff Geely, will launch five fully electrical cars inbetween two thousand nineteen and 2021. Three of them will be Volvo models and two will be electrified cars from Polestar, Volvo Cars’ spectacle car arm. It also plans to suggest a range of hybrids as options on all models.
Volvo expects to reach its target of selling one million electrified cars by 2025, with a range of models, including fully electrical vehicles and hybrid cars.
The company said its long range models could travel five hundred kilometers (310 miles) on a single charge using current technology, but it is looking for suppliers for fresh and better batteries.
Samuelsson, who acknowledged that the company had been skeptical about electrification only two years ago, said circumstances have switched. ‘‘Things have moved quicker; customer request is enlargening. This is an attractive car people want to have,’’ he said.
He’s hoping Volvo’s announcement will encourage suppliers to invest in battery manufacturing and electric-car chargers.
Last year, Volvo sold 534,332 cars in one hundred countries, up more than six percent from 2015.
Auto Writer Tom Krisher contributed to this report from Detroit.