According to Volvo, all-electric and hybrid vehicles are the future of the automotive industry, and it intends to start going all-out in both of these areas within the next five years. Earlier this week, the Swedish automaker claimed that it’ll unveil an all-electric car in 2019 that will be able to compete with anything Tesla has, and that not only will it have a full line of hybrid cars by 2020, it expects these electrified vehicles to account for 10% of its sales by that time as well. There couldn’t be a better time for this announcement either, considering how Volkswagen is still in the middle of its dieselgate scandal.