Gas is nice and cheap right now, but it's not going to stay that way forever. That's why, despite the continuation of strong truck and SUV sales, automakers are still working to add electricity into the mix. Volvo's just announced a very ambitious goal of selling one million electrified cars by 2025.
Now, "electrified" doesn't infer that every vehicle will be a full-on, battery-electric cruiser. That term can expand to cover anything from mild hybrids, to plug-ins, to hydrogen fuel-cell vehicles. Hybrids will likely play a huge part of Volvo's plan, especially since the automaker claims it will eventually offer "at least" two hybrid variants of every car in its lineup.
Volvo also said that it plans on releasing its first battery-electric vehicle in 2019. Between now and then, the company will be unveiling a new range of 40-series cars (e.g., V40, S40), which will have electrified versions alongside battery-packing variants of its 90-series and 60-series vehicles. Considering Volvo already has a plug-in, with a PHEV on the way, the group is already starting to ramp up its electrification.
The company's goals go beyond electric cars. Volvo has also stated that it hopes to achieve "climate neutral operations" by 2025, and it's hoping that no one will be injured or killed in a new Volvo by 2020. Autonomy will likely play a large part in the latter objective.