The car maker's decision comes as industry faces slowing demand in some major markets for electric vehicles.
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Volvo has announced that it will no longer pursue its previously stated goal of producing only fully electric vehicles by 2030. The carmaker now anticipates that it will continue selling some hybrid models by that date, citing shifting market conditions as the reason for its revised plan. This decision comes amid declining demand for electric […] The post Volvo gives up plan to sell only EVs by 2030 appeared first on NewsclickNG.
The car maker's decision comes as industry faces slowing demand in some major markets for electric vehicles.
Swedish automaker Volvo on Thursday announced it's no longer aiming to sell only electric vehicles by the end of the decade, citing shifting market...
Volvo says it has abandoned its ambition to sell only fully electric cars by 2030.
Volvo has revised its plan to exclusively sell electric vehicles by 2030, reflecting broader industry concerns over waning demand for The post Volvo...
Volvo has revised its plan to exclusively sell electric vehicles by 2030, reflecting broader industry concerns over waning demand for The post Volvo...
Carmaker defends plan to close German plants as Volvo ditches target to sell only electric cars by 2030
Carmaker defends plan to close German plants as Volvo ditches target to sell only electric cars by 2030
Volvo Cars has abandoned its target of selling electric vehicles exclusively by 2030, and will instead have up to 10% of its stock consist of “mild...
Volvo, the Swedish car manufacturer owned by the Chinese Geely Group, has announced that it will abandon its ambition to sell only fully electric cars...