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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 in policy to a “slower than expected rollout of charging infrastructure, the withdrawal of government incentives in many markets, and additional uncertainties created by recent tariffs on electric vehicles.” The latter, of course, refers to the surtaxes on the popular Volvo EX30, which is currently only produced in China.This content…<\/p>\n","category_list_v2":"Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nVolvo adjusts its electrification strategy - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/09\/05\/volvo-adjusts-its-electrification-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volvo adjusts its electrification strategy - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"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. 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