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Volvo Cars will end of production of diesel models in early 2024

Volvo Cars will end of production of all diesel-powered Volvo Car models by early 2024. In a few months from now, the last diesel-powered Volvo car will have been built, making Volvo Cars one of the first legacy car makers to take this step.

This milestone follows the company’s decision last year to exit the development of new combustion engines. In November of 2022, Volvo Cars sold its stake in Aurobay, the joint venture company that harbored all of the remaining combustion engine assets. None of Volvo’s R&D budget is supporting developing new internal combustion engines.

By 2030 Volvo Cars plans to sell only fully electric cars and by 2040 aims to be a climate neutral company.

Our decision to phase out diesels completely by early 2024 illustrates how rapidly both the car industry and customer demand are changing. The majority of cars Volvo Cars sold in Europe in 2019 were powered by a diesel engine, while electrified models were only just beginning to make their mark.

That trend has largely inverted itself since then, driven by changing market demand, tighter emission regulations as well as the company’s focus on electrification. The majority of Volvo sales in Europe now consists of electrified cars, with either a fully electric or plug-in hybrid powertrain.



The vehicle market in Germany and Europe has only existed through commercial registrations for years and VOLVO is extremely strong here!
The majority of Volvo sales in Europe are now 100% commercial only! I don't know anyone in Germany who has ever bought a VOLVO privately with their own MONEY. It is also known that the components for production also come from China so that vehicles are still built proforma in Sweden (EU). It's all just politics to get subsidies. The subsidies for commercial BEVs have already been canceled in Germany and France is demanding ecological proof for BEV subsidies. It is doubtful whether Volvo's PHEV and BEV will still find customers here. Who and where is Volvo's owner? Think about how the world is changing.

But all of this is also the case with BMW, VW, Audi and Mercedes. Without commercial and government approvals, these OEMs would no longer exist! As you know, politicians in Europe also mostly drive V8 and V12 petrol engines from these “premium brands”.

So much for environmental protection in Europe...

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