Sep. 5, 2024
Volvo Cars Adjusts Electrification Goals, Aiming for 90-100% Electric Sales by 2030
TMTPOST — Volvo Cars has revised its electrification targets due to changes in market conditions and customer demand. The company now aims for 90-100% of its global sales to come from electrified vehicles by 2030. This target encompasses both fully electric vehicles and plug-in hybrid models. Volvo also stated that the remaining 0-10% of sales may include a limited number of mild hybrid vehicles if necessary.
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