Volvo has committed to end the production of their diesel cars by 2024 as they are going to be fully electric by 2030.

Sep 20, 2023

Recently, Volvo Cars said that the company will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker. Due to a decline in the sales of diesel models rapidly, carmakers have been gradually reducing the number of diesel models in their portfolio. While diesel vehicles accounted for 14 percent of sales, these vehicles comprised more than 50 percent of Europe’s new car sales in 2015. Volvo has committed to going fully electric by 2030. In 2022 sales of diesel cars were only 8.9 percent while in 2019 the majority of cars sold in Europe were diesel. In August 33 percent of Volvo’s sales were fully electric or hybrid models. The company did not break out how many of the remaining 67 percent combustion-engine models were diesel and how many ran on petrol. The Swedish company said in a statement, “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.”