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16 May 2018, 04:51 | Kelvin Horton
Next Volvo S60 won't offer diesel option
Back in February Volvo Cars CEO Håkan Samuelsson confirmed the company has stopped allocating capital to the development of new internal combustion engines, both diesel and gasoline.
Volvo will be revealing its new S60 sedan in a matter of weeks.
Volvo says this move highlights its "commitment to a long-term future beyond the traditional combustion engine", although petrol power is not being given up on just yet as future models will still offer a choice between "mild hybrid" petrol, plug-in hybrid petrol and full electric power.
Today Volvo chief executive Hakan Samuelsson will tell the Financial Times' Future of the Car Summit, in London, that diesel will no longer feature in its product plans in a strategy which will get underway with the new S60 saloon.
The S60, which is based on the same SPA chassis technology as the V60 and the larger S90, V90 and XC90, will be launched with a range of four-cylinder Drive-E petrol engines and a plug-in hybrid edition. "The new S60 represents the next step in that commitment", he has said.
"We're not saying diesel is more dirty", Samuelsson told the FT ahead of the speech, "But it's more complicated and more expensive".
Volvo made headlines a year ago by announcing all new cars from 2019 will feature some form of hybridisation or electrification. The Charleston plant will be the only manufacturing location for the new S60, meaning American-built S60s will be sold in the USA market as well as overseas through exports. However, the company had not disclosed what would happen to its diesel offerings.
Production of the new S60 will start this autumn at Volvo Cars' brand-new manufacturing facility outside Charleston, South Carolina.
Volvo aims to have at least 50 per cent of its sales come from electric vehicles (EVs) by 2025.
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