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Image Source : Energyinfra market Screenshot 2024 06 03 122745

Volvo Delays Full Electric Goal to 2030


Last Update 05 September 2024

Volvo Cars announced it will miss its 2030 goal of full electrification, revising its target to 90-100% due to infrastructure delays, reduced Government incentives, and tariff uncertainties. The company, which planned full electrification by 2021, will allow 0-10% mild hybrid models if necessary. It expects 50-60% electrified models by 2025, with a full lineup by decade's end.

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