Volvo credits Tesla for creating EV demand, says they will stop developing diesel engines to focus on EVs

Volvo credits Tesla for creating EV demand, says they will stop developing diesel engines to focus on EVs

Today, Volvo Chief Executive Officer Hakan Samuelsson said that the current generation of diesel engines will be the automaker’s last and that they will instead focus on electric vehicles. And he also gave credit to Tesla for launching demand for electric vehicles, which actually plays right into the automaker’s mission.

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