The three-cylinder engine is slated to hit the market in a few years. With its help, the Swedish automaker expects to meet aggressive corporate fuel economy and Euro 7 emissions requirements in 2020 without the need for alternative technology such as plug-in hybrids, said Peter Martens, Volvo’s vice president of research and development.
That doesn’t mean Volvo is opposed to hybrid vehicles — just that the company does not want to have to depend on them to comply with legislative mandates.
Volvo, now owned by Zhejiang Geely Holding Group, is reinventing itself with an $11 billion investment from its Chinese parent company. It is eschewing any engine larger than a four-cylinder (which is what the V40 has now) and is intent on meeting all efficiency and emissions requirements globally with conventional gasoline and diesel power.