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Volvo to sell only electric cars by 2030 with all sales going online

VOLVO has pledged to sell only electric cars by 2030 — and to switch all sales to online.

The Swedish firm said it will phase out all petrol and diesel cars — including hybrids — by the end of the decade.

AP:Associated Press

The Volvo XC40 Recharge P8 AWD is the carmaker’s first pure electric SUV[/caption]

It said online-only sales will create “transparent and set pricing”.

CEO Hakan Samuelsson said: “Instead of investing in a shrinking business, we choose to invest in the future — electric and online.”

The UK will ban sales of new petrol and diesel cars from 2030.

PA:Press Association

Volvo has pledged to to sell only electric cars by 2030 and switch all sales to online[/caption]


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