“Electric vehicles (EVs) are rapidly becoming a juggernaut in the future of personal vehicles. Tesla is leading the charge in bringing electric cars to the mainstream. Now, other companies looking to capitalize on that momentum are joining in on the fun. Volvo’s President and CEO, Hakan Samuelsson, recently talked to a German newspaper, Frankfurter Allgemeine Zeitung, about how the Swedish car company is ramping up its plans for EVs.
Not only are they looking to expand on electric engines, but the CEO also mentioned in the interview that they will no longer pursue developing diesel engines. “From today’s perspective, we will not develop any more new generation diesel engines.”…”
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