Volvo Penta says it will have electric and hybrid power for the marine and industrial segments by 2021.
The company says its electrified solutions will demonstrate its long-term commitment to offering customers the most appropriate power sources.
“Volvo Penta is embracing the electric transformation and will be at the forefront in delivering compelling business cases to customers using this new technology,” said Björn Ingemanson, president of Volvo Penta, in a statement.
“We will take a full systems supplier approach helping our customers in the transition to the new technology,” he continued. “This will happen application-by-application, on the basis that the business case for switching to electric will differ across our many customers segments.”
Ingemanson said that this is the start of a long-term transition and that diesel and gasoline powered systems will remain the primary power sources for the near future.
Johan Inden, Volvo Penta’s chief technology officer, said that the company is “several years into its electrification journey.” He explained that the company has spent that time establishing the technologies to deliver sustainable electric power. As part of Volvo Penta’s commitment to electric power, the company has restructured its organization to accelerate the move toward electrified power. An electromobility development-and-test laboratory has been established at the company’s headquarters.
The power outputs and applications of the initial electric systems are being kept confidential and Volvo Penta has said both hybrid and all-electric systems will be offered at the outset. The manufacturer is field-testing early prototypes.
“These solutions will not just be more sustainable, they will also be high performance — delivering a no compromise win-win offering for customers and the environment,” said Inden.