Volvo Online Only Sales Start with New 2022 C40 Recharge
Volvo is doubling down on electric cars. The Swedish automaker, owned by China's Zhejiang Geely Holding Group, has unveiled a bold new program that won't merely change the types of vehicles it sells but will also radically change the way it sells them. Both in its portfolio of vehicles and its method of selling cars, Volvo seeks to emulate and perhaps outdo Tesla Motors.
The plan calls for Volvo to discontinue internal combustion engines (ICE) in its vehicles by 2030. In that year, every Volvo model will have an electric drivetrain. Perhaps equally bold was the revelation that it will sell all of its new electric vehicles (EVs) only online.