Other new Volvo models will follow the S60's example.
It follows the automaker's announcement last July that every auto it launches from 2019 will feature some form of electrification, whether it be mild hybrid, plug-in hybrid or pure electric power.
Nothing was mentioned about Volvo's plans with regard to the medium form of electrification - hybrid powertrains (HEVs) with a high-voltage battery that can not be charged externally, like Toyota's and Lexus' Hybrid Synergy Drive. Volvo was the first manufacturer to announce an all-electric future for its vehicles back in 2017. "We will phase out cars with only an internal combustion engine, with petrol hybrid versions as a transitional option as we move towards full electrification".
Production of the S60 will start later this year at Volvo's new plant near Charleston, South Carolina.
The company has just announced that its new S60 sedan will be the first such model to be produced without a single diesel offering in the range, and that rule will also apply to every "all-new" Volvo model launched after 2019.
Muslims in Leeds to begin Ramadan fast
Rashid Fehmi, a Rochester Muslim Community Circle volunteer, said fasting is a part of Ramadan as a pathway to piety and empathy. The objective of the fast is to remind the suffering of the less fortunate people and to bring the followers closer to God.
Petrol, Diesel Prices Continue to Rise After 19-Day Freeze
Traders, businessmen, transporters and others were also seen showing dissatisfaction over the current levels of fuel prices. Diesel price has also hit its all time high since abolition of LBT here.
Tatas get NCLT approval to acquire Bhushan Steel
The company now needs a nod from the Competition Commission of India to initiate the process of acquisition. Electrosteel owes lenders over ₹13,000 crore, of which about ₹5,000 crore is to State Bank of India alone.
The Swedish brand has said that the S60 will be offered with a series of four-cylinder petrol engines and two plug-in hybrids when released later this year, while mild-hybrid options will come in 2019.
Meanwhile, Fiat Chrysler Automobiles NV will cease to offer diesel versions for its Alfa Romeo, Fiat, Jeep and Maserati brands by 2022, as Chief Executive Officer Sergio Marchionne sees hybrid vehicles as the way to meet goals on Carbon dioxide reduction - with diesel sales unlikely to recover.
The new S60 is yet to be revealed, but it will be based on the same platform as the V60 estate, which was launched earlier this year and is available with diesel engines.
Volvo Cars last month reinforced its electrification strategy by stating that it aims for fully electric cars to make up 50% of its global sales by 2025.