Volvo Cars has announced an end to the production of diesel-powered models by early 2024.

In November 2022, Volvo sold its stake in Aurobay—a joint venture company that represented the last of its combustion engine assets—and ceased to invest in ICE research and development. The automaker has said its lineup will be fully electric by 2030.

“Electric powertrains are our future, and superior to combustion engines: they generate less noise, less vibration, less servicing costs for our customers and zero tailpipe emissions,” said Jim Rowan, Chief Executive at Volvo Cars. “We’re fully focused on creating a broad portfolio of premium, fully electric cars that deliver on everything our customers expect from a Volvo—and are a key part of our response to climate change.”

“What the world needs now, at this critical time for our planet and humanity, is leadership,” Rowan continued. “It is high time for industry and political leaders to be strong and decisive, and deliver meaningful policies and actions to fight climate change. We’re committed to doing our part and encourage our peers as well as political leaders around the globe to do theirs.”

Source: Transport and Energy