VOLVO is to stop producing diesel-engined cars in 2024 as the Swedish car maker presses ahead with its plans to be an electric-only brand by 2030.

The company has already stopped selling diesel models in the UK as well as its saloon and estate models to concentrate on SUVs.

It is the first major car company to axe diesels from its line-up.

"Electric powertrains are our future, and superior to combustion engines: they generate less noise, less vibration, less servicing costs for our customers and zero tailpipe emissions," said Jim Rowan, chief executive at Volvo Cars.

"We're fully focused on creating a broad portfolio of premium, fully electric cars that deliver on everything our customers expect from a Volvo- and are a key part of our response to climate change."

Volvo is to launch its new EX30 and EX90 electric SUVs in the coming months and intends to be climate neutral by 2040.