The S60 is set to be revealed next month and production for the saloon is set to start this autumn at Volvo Car's SC plant, which will be the only site to build the model.
That said, even petrol engines will eventually be phased out, with Volvo referring to the hybrid models as a "transitional" stepping stone on the road to full electrification. In a recent statement it confirmed there will be no diesel option for the new S60.
Volvo has confirmed it will be introducing the all-new 2019 Volvo S60 sedan during this second quarter very soon, and it will be the first Volvo not offering a diesel engine option.
Speaking to Financial Times, Volvo's chief executive Hakan Samuelsson said: "We're not saying diesel is more dirty, but it's more complicated and more expensive".
The new S60 will initially be available with a range of four-cylinder Drive-E petrol engines as well as with two petrol plug-in hybrid versions. Volvo says a mild hybrid version of the vehicle will arrive in 2019.
As for the vehicle itself, the new-gen Volvo S60 sedan is based on the company's versatile Scalable Product Architecture (SPA), which now also underpins SUV and Estate cousins - the new XC60 and V60.
Volvo made headlines previous year by announcing all new cars from 2019 will feature some form of hybridisation or electrification.
The decision to make a diesel-free S60 doesn't affect Americans.
Production of the new S60 will start at Volvo's recently constructed plant outside of Charleston, South Carolina.
A switch away from diesel cars could cause problems for authorities trying to meet Carbon dioxide emissions targets, as petrol cars typically emit more Carbon dioxide.