EcoWatch - Volvo Cars has scrapped its goal of selling only electric vehicles (EVs) by 2030, as demand for battery owered vehicles falls. The Swedish carmaker said it is now aiming for “90 to 100 per cent of its global sales volume by 2030 to consist of electrified cars,” including a combination of EVs and plug-in hybrids, reported Euronews.
Volvo blamed shifting market conditions for changing a target it announced just three years earlier, BBC News reported. The industry has been facing a slowdown and uncertainty caused by trade tariffs imposed on EVs manufactured in China. Ford and General Motors have also scaled back their EV plans.
Volvo said it may also offer a limited number of “mild hybrids” — more conventional cars that have limited electrical assistance.
No comments:
Post a Comment