|Volvo will start making only all-electric cars
The car company Volvo has said all new cars it makes from 2019 will have an electric motor. It will stop making cars that use only petrol or diesel engines. Volvo said it plans to sell five fully electric cars and some hybrid cars by 2021. A hybrid car has an engine that is both electric and petrol-driven. Volvo is the first big carmaker to say it will stop making cars with only petrol engines. The petrol engine has been used in cars for over a century. Volvo said: "People increasingly demand electrified cars, and we want to respond to our customers' current and future needs."
More car companies are now selling electric and hybrid cars. The American company Tesla makes only all-electric cars. Its stock market value is now 25 per cent higher than that of Ford. Tesla recently said it would make 20,000 of its Model 3 cars a month by December. Volvo hopes to sell a million electrified cars by 2025. It also hopes to change its factories to be more environmentally friendly. It hopes to start "climate-neutral" manufacturing. Volvo said it will have one of the widest ranges of electrified cars of any carmaker in the world.