Volvo to Go Electric-Only and Shift Sales Online From 2030

Manufacturer accelerates EV plans after demand surges
Online sales to account for 50% of purchases by 2025

Volvo Cars CEO Says EVs Are a 'Natural Addition' to Brand

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By Niclas Rolander

March 2, 2021 at 5:00 AM UTC

Updated on

March 2, 2021 at 3:27 PM UTC

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Volvo Cars set an ambitious goal to only sell battery cars by 2030, accelerating its plans after sales of electric vehicles surged.

The Chinese-owned Swedish brand is rolling out a new lineup of electric cars and unveiled its second battery-only model, the C40 Recharge, on Tuesday. Going one step further than recent rivals’ decisions on EVs, Volvo’s electric vehicles will be available for sale only online, the company said in a statement.