The announcement means Volvo Cars follows in the footsteps of other industry players in scaling back its EV ambitions.
Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be"pragmatic and flexible" amid changing market conditions and cooling demand.
The target replaces a 2021 pledge for Volvo Cars' line-up to be fully electric by the end of the decade.on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be"pragmatic and flexible" amid changing market conditions and cooling demand.Volvo Cars, which is owned by China's Geely Holding, had been among the first legacy carmakers to promise a complete switch to EVs.
Fracking led the U.S. to pump more oil than any country in history — here's what that means for the green energy transition
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Volkswagen Says Trinity-Based Cars Won’t Arrive Before 2030 At The EarliestThe Volkswagen Trinity program -- one electric car platform to rule them all -- is in trouble with no end in sight until the next decade.
Baca lebih lajut »
Volvo Cars to deliver first EX90 SUVs this month after delayVolvo Cars to deliver first EX90 SUVs this month after delay
Baca lebih lajut »
Cleveland to make bid for 2030 Special Olympics USA GamesThe Greater Cleveland Sports Commission is involved in what it says is a “highly competitive” bidding process to attract Special Olympics USA Games in 2030.
Baca lebih lajut »
2030 a 'reasonable target' for new Commanders stadium, owner saysWashington Commanders owner Josh Harris said Sunday night he is hopeful a new stadium can open in time for the 2030 season. The team’s contractual obligations at Commanders Field end in 2027, but the Commanders can continue playing there indefinitely.
Baca lebih lajut »
Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineupHyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
Baca lebih lajut »
Hyundai plans to double hybrid lineup and increase sales 30% by 2030Hyundai has been enjoying robust sales of hybrids, which accounted for around 12% of total vehicle sales in the second quarter, propelling profit to a record.
Baca lebih lajut »