Volvo Penta, the division of the Volvo group that produces marine and industrial engines, has announced it will introduce electric power systems in their products by the year 2021.
According to sources, the company has created the self-imposed deadline in an effort to offer customers new and appropriate technologies across all of their customer applications. Details are being kept confidential, but the company has said they will offer both hybrid and 100 percent electric options from the outset.
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Volvo Penta is already field testing early prototypes and has established a test and development laboratory at their headquarters om Sweden.