Volvo to Build All-Electric Car by 2019

Volvo plans to bring an all-electric car to market in 2019 and expects cars with at least some electric capacity to account for 10 percent of its sales. The Swedish automaker on Thursday announced that it also plans to build plug-in hybrid versions of its 90- and 60-series cars, something Volvo has already done with the new XC90 T8 plug-in hybrid. The automaker will also bring back a 40-series car based on new compact global architecture that's ready for electrification.

Related: 2016 Volvo XC90 Review

The plans come despite low U.S. gas prices torpedoing consumer interest in mainstream plug-in cars. The Chevrolet Volt and Nissan Leaf combined for just 2,196 sales in September, or about one-sixth of Chevrolet Cruze sales. Volkswagen's all-new e-Golf sold just 343 cars.

It's unclear exactly which future Volvos the statement portends. Volvo currently sells an S60 sedan and a V60 wagon, but the automaker hasn't sold an S40 or S90 in the U.S. since 2011 and the late-1990s, respectively. Volvo spokeswoman Laura Venezia told Cars.com that she did not have any additional information.



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