Volvo adjusts its electrification strategy

Tony Verhelle

September 5, 2024

Volvo adjusts its EV strategy slightly and is working on a more efficient car development and a better customer experience /Volvo

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 by 2030. Instead, it aims for 90-100% of its global sales to be either pure electric or plug-in hybrids at that time. Volvo attributes the change
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