Trump may believe that more oil drilling and air pollution is the way of the future, but the auto industry knows he’s wrong.
Volvo announced on Wednesday, that as far as their concerned, the days of the internal combustion engine are numbered. By 2019, the Swedish automaker will go all-electric or hybrid.
“The decision makes Volvo the first automaker to phase out conventional engines,” according to The Hill.
Volvo CEO Hakan Samuelsson told CBS News,
“This announcement marks the end of the solely combustion engine-powered car. People increasingly demand electrified cars and we want to respond to our customers’ current and future needs.”
Electric cars have come a long way over the years, and few companies know this better than Tesla. Once considered a luxury vehicle for celebrities and the super-rich, due to price tags as high as $200,000, the Tesla Model 3 takes aim at a much broader market with prices starting at around $35,000. The Model 3 is set to hit the market this Friday.
BloombergView suggests that there may be a connection between the Tesla Model 3 and Volvo’s plan to phase out gas-guzzlers.
Volvo’s announcement that it intends to starts phasing out purely gasoline- and diesel-powered cars starting in 2019 in favor of electrified models appears strategically timed to coincide with the start of production of Tesla’s Model 3.
There appears to be a trend going on here that automakers don’t want to miss. So where does this leave Trump and his drill-baby-drill mentality?
When you have an out-of-touch, 71-year-old relic in the White House, who thinks living in the past will make America ‘great,’ it should come as no surprise that the world and technology of the future are perfectly willing to ignore him.
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