Volvo Delays Electric Vehicle Plans
This is a news story, published by Verge, that relates primarily to Volvo news.
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electric vehiclesVerge
•Volvo’s head of sustainability on why the brand tweaked its ‘EV or bust’ strategy
74% Informative
Volvo says it will rely on a mix of hybrids and battery electric vehicles to reach its new goal of selling “ 90 to 100 percent ... electrified models” by 2030 .
The adjustment is the result of months of declining customer interest in EVs, leading to slower growth in sales than originally predicted.
Likewise for 2030 , where it will be a 65 percent reduction in per-car emissions, as opposed to the original target of 75 percent . “It’s a small adjustment,” she said. “And we’re still committed.”.
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