Volvo will not develop any new diesel engines because the cost of reducing nitrogen oxide emissions is becoming too expensive, CEO Hakan Samuelsson told a German business paper. Instead, the automaker will invest in electric and hybrid cars.
Volvo will not develop any new diesel engines because the cost of reducing nitrogen oxide emissions is becoming too expensive, CEO Hakan Samuelsson told a German business paper. Instead, the automaker will invest in electric and hybrid cars.