Volvo signals carmakers' growing confidence in an electric future

Take-up of electric and hybrid cars has disappointed so far but Swedish firm's chief executive says industry is changing fast

Volvo's decision to exclusively build electrified or hybrid cars is the beginning of the end of the company's relationship with fossil fuels, according to one motoring organisation.

One Swedish carmaker starting down the road to a zero emissions future will not solve global warming alone. But the whole automotive industry following suit would begin to make a serious difference in reducing oil demand and emissions.