Volvo, owned by China's Zhejiang Geely, has said it plans to offer only hybrid or full-electric motors on every new model launched from 2019.
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. The announcement represents the company's latest step towards an electrified future.
Slated for a global launch later this year in the spring, the new Volvo S60 sedan will be the first auto from the company to be offered without a diesel powertrain.
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.
Speaking to Financial Times, Volvo's chief executive Hakan Samuelsson said: "We're not saying diesel is more dirty, but it's more complicated and more expensive".
The S60 will be the last Volvo to launch with conventional, non-hybridised petrol engines as the mild-hybrid derivatives are only expected to come on stream in 2019. Mild hybrid options will debut next year.
As well as market trends in Europe, the decision also reflects the key target market for the S60: the United States, where diesel accounts for a small percentage of sales.
Production of the new S60 will start at Volvo's recently constructed plant outside of Charleston, South Carolina.
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.
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