Production of the S60 will start later this year at Volvo's new plant near Charleston, South Carolina.
Volvo has confirmed its upcoming S60 sedan won't offer a turbodiesel engine.
"Diesel will be much more complicated for more consumers, and much more expensive, too" Samuelsson said to the FT.
It is set to be launched within the next few weeks, becoming the first modern Volvo to be produced without a diesel option.
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Volvo has announced plans to ultimately phase out diesel engines from its entire lineup.
Instead, Volvo will launch the next-generation S60 with four-cylinder engines and two plug-in hybrid powertrains.
It follows the automaker's announcement last July that every vehicle it launches from 2019 will feature some form of electrification, whether it be mild hybrid, plug-in hybrid or pure electric power. The company remains committed to introduce mild hybrid versions starting next year.
Speaking to the FT, Hakan said the only advantage diesels now have for drivers is better fuel economy, but "you can get that back with a mild-hybrid engine". The Charleston plant will be the only manufacturing location for the new S60, meaning American-built S60s will be sold in the United States market as well as overseas through exports. Mercedes has reveaed that its facelifted C-Class will get a diesel-electric hybrid option, badged C 300 de, while Kia announced recently that its Sportage is to be offered with 48V diesel-electric technology.
In August a year ago the Geely-owned Swedish auto manufacturer publicised its target of selling one million electrified vehicles, stating that all of its new products will include an element of EV technology from 2019.