Volvo S60 won't offer a diesel engine

Volvo S60 won't offer a diesel engine

Volvo S60 won't offer a diesel engine

The announcement represents the company's latest step towards an electrified future.

When confirming the exclusion of diesel engines, Samuelsson said: "Our future is electric and we will no longer develop a new generation of diesel engines".

However, the upcoming Volvo S60 marks a turning point, being the first modern-day auto from the manufacturer to not be offered with a diesel engine option.

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"Diesel will be much more complicated for more consumers, and much more expensive, too" Samuelsson said to the FT.

The revamped mid-size S60, to be unveiled in the next few weeks, will become Volvo's first model not featuring a diesel option, the Gothenburg, Sweden-based company said Wednesday.

Volvo's transition away from the internal combustion engine may be starting now, but it won't happen quickly.

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Instead, the S60 will be launched with a choice of petrol and plug-in hybrid powertrains, with mild-hybrid versions to follow next year. Mild hybrid options will debut next year. The S60's estate sibling, the V60, was launched earlier this year in Stockholm. The Charleston plant will be the only manufacturing location for the new S60, meaning American-built S60s will be sold in the United States market as well as overseas through exports. Volvo is aiming for 50 per cent of its vehicle sales to be made up of electric models by 2025.

Samuelson said hybridisation could be the key to helping petrol cars match the Carbon dioxide emissions targets of diesel cars while offering superior fuel economy.

Production of the new S60 will start this autumn at Volvo Cars' brand-new manufacturing facility outside Charleston, South Carolina. Mercedes has reveaed that its facelifted C-Class will get a diesel-electric hybrid option, badged C 300 de, while Kia announced recently that its Sportage is to be offered with 48V diesel-electric technology.

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