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Volvo had already announced plans to convert its entire lineup into electric vehicles or hybrids. But this decision goes a step further, eliminating hybrids, which use more fuel-efficient gasoline powertrains than traditional internal combustion engines.

General Motors, whose brands include Chevrolet, Cadillac and GMC, recently announced plans to convert its entire lineup of light-duty vehicles into battery-powered cars by 2035. Jaguar Land Rover also announced that its Jaguar brand would go all electric in 2025.

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