Geely also controls Volvo's breakaway performance auto brand, Polestar, Lynk&Co and black taxi maker LEVC - all of which are pioneering EV technology and new sales and ownership models.
Instead, the S60 will be launched with a choice of petrol and plug-in hybrid powertrains, with mild-hybrid versions to follow next year.
The manufacturer previously suggested that its current generation of diesel engines could be its last, and announced previous year that all its new cars launched from 2019 would have an element of electric drive, either with a hybrid or fully electric powertrain.
Toyota has removed diesel from all of its cars, only now offering diesel versions of the Hilux pick-up truck, while Fiat Chrysler is expected to keep diesel options in just some of its largest vehicles, classing them as light commercial vehicles rather than cars. Today, it announced that the new S60, which will be built in South Carolina, USA, will not be offered with diesel engines.
"We're not saying diesel is more dirty", Samuelsson told the FT ahead of the speech, "But it's more complicated and more expensive".
The new S60, a premium mid-size sports saloon, is based on Volvo's in-house-developed Scalable Product Architecture (SPA) platform, which also underpins the company's award-winning new 90 series and 60 series cars. Volvo says a mild hybrid version of the vehicle will arrive in 2019. The Charleston plant will be the only manufacturing location for the new S60, meaning American-built S60s will be sold in the USA market as well as overseas through exports.
A switch away from diesel cars could cause problems for authorities trying to meet Carbon dioxide emissions targets, as petrol cars typically emit more Carbon dioxide.
Last month, Volvo Cars reinforced its electrification strategy, by stating that it aims for fully electric cars to make up 50 per cent of its global sales by 2025.
Like the previous Metro games, Exodus stars Artyom, who is fleeing the ruins of the Moscow Metro with a band of survivors. Along with them, we are all looking forward to Deep Silver's next key release, Metro Exodus, now expected in Q1 2019 .
There are two variants, one featuring 4GB RAM with 32GB storage, and other featuring 6GB RAM with 64GB storage. The front camera also includes AI-based facial recognition technology to unlock the smartphone with your face.
Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E.
Earlier Sonam was spotted walking the red carpet in a lovely off-white embellished lehenga by Ralph and Russo. It sure seems like we just can't get enough of our Divas shining brightly on the Cannes Red Carpet.
Acquisition of BSL will be a key element in Tata Steel's domestic growth strategy under new Tata Sons chairman N Chandrasekaran. BNPL will also have the option to convert up to Rs 9,000 crore of the loans into equity shares of Bhushan.
Adobe is updating its Adobe XD design platform with a starter plan that makes the software available to everyone for free. There is still no Linux variant of Adobe XD, it is compatible with the latest hardware and software on Mac and Windows.
Carrick will hang up his boots at the end of the campaign and become part of Jose Mourinho's coaching staff next term. The club will reportedly announce their agreement with Juventus and Sandro after the FA Cup final on Saturday.
He said that discontinuation of nuclear tests is an important process for global disarmament and for North Korea. North Korea is one of three Annex 2 states that are non-signatories to the CTBT, along with India and Pakistan.
We're just focused on the game. "You never know what's happening for the season". 'We (the players) give everything. It's the last game of the season, that's it", he said . "It's up to us to save the season with the FA Cup.
As a result, officers issued 17,792 seat belt citations, 6,363 speeding summonses and made 976 impaired driving arrests. Law enforcement will be cracking down on Click It or Ticket violators around the clock.
Parents of Paris knife attacker let out of custody
Macron said France would "not yield an inch to the enemies of freedom", and praised police for "neutralising the terrorist". The attack happened just after 9 p.m.in the 2nd arrondissement of Paris , rue Monsigny, he said.
Federal court hears DACA arguments
California is one of a dozen states which has filed lawsuits over the president's decision to phase out the program. Circuit Court of Appeals will soon decide if the Trump administration was justified in its decision to end DACA.
Petrol, diesel prices touch new high in two days
Five states including Punjab, Goa, Uttarakhand, Uttar Pradesh and Manipur had elections during the January-April 2017 period. It added the OMCs margins have fallen to Rs 0.25 per liter from Rs 2.5 per liter for both the auto fuels around 16 April.
Couples who divorce to share what they accrued together
Judge Mativo was quoted as saying, "a person can not walk into a marriage and then walk out with more than what they deserve". Justice Mativo further ruled that the section does not offend any sections of the Constitution.
New Zealand's A2 Milk sees jump in FY revenue
Shares in Synlait Milk, which has a supply arrangement with a2, dropped 5 percent to NZ$10.22. A2's ASX-listed shares fell as much as 20 per cent at the open before recovering slightly.
Goldman Sachs says oil prices are going to spike
He said the United Arab Emirates and Saudi Arabia have recently imposed barriers on movement of people and goods "on and off". In March, Saudi Arabia's crown prince said if Iran gets a nuclear weapon, the kingdom would be compelled to follow suit.
Motorola Moto G6, Moto G6 Play to launch in India soon
The Motorola G6 smartphones might be coming to India soon according the teaser on Motorola India's Twitter account. It is powered by the Qualcomm Snapdragon 450 SoC coupled with 3GB/4GB of RAM and up to 64GB of internal storage.
PNB posts biggest bank loss of Rs 13000 cr in Q4
PNB's capital ratio fell to 9.2 percent at the end of March from 11.66 percent a year ago, according to a PNB presentation. Similarly, the net NPA also rose to Rs 48,684.29 crore from Rs 32,702 crore at the end of March 2017.