Volvo Commits to All-Electric Future, EX30 Takes the Lead.
TL;DR
Volvo has pledged to sell only full-electric vehicles after 2030, without any exceptions. The company's chief commercial officer, Bjorn Annwall, said that Volvo would not sell a single car that is not full-electric after 2030, regardless of market. While this could potentially cost the company in markets that aren't ready for EVs, Volvo's CEO, Jim Rowan, said that the company would "gain a lot more than we sacrifice." Market projections suggest that EVs will only make up 27% of the US market's sales by 2030.
Topics:businessautomotive#automotive#carbon-neutral#electric-vehicles#ice-vehicles#market-projections#volvo
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