Volvo, the tank-like Swedish station wagon of yesteryear, is giving up on gasoline. By 2019 all new Volvo automobiles will be powered by electricity.
Volvo plans to build only electric and hybrid vehicles starting in 2019, making it the first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.
CEO Hakan Samuelsson said the move was dictated by customer demand. It means that in two years, all new Volvo vehicles will have some form of electric propulsion.
Via SF Chron