Electric Car News Sweden S Volvo Cars Scraps Plan To Only Sell Electric Vehicles By 2030

Volvo commits to only producing fully electric vehicles by 2030

GOTHENBURG, Sweden — Volvo is joining the growing list of car brands committing to switching to electric vehicles. The Sweden-based and Chinese-owned company announced Tuesday that it will only ... Read More

Volvo CEO: Cars Will Be Fully Electric Within 10 Years

As other automakers criticize the EU’s plan to phase out internal-combustion car sales, Volvo’s boss says the Swedish automaker is ready. It’s been a little over four years since Volvo announced that ... Read More

Volvo Cars ramps up profit margin goal as pursues strategy reset

Volvo Cars said it was targeting a long-term operating profit margin of more than 8% as part of its strategy overhaul, which includes reworking its electrification plans and making hybrid cars for ... Read More

Volvo CEO Says There's 'No Turning Back' From an Electric Car Market

Volvo's Hakan Samuelsson believes an all-electric automotive landscape is only a matter of time. Almost exactly one year ago, Volvo walked back its original goal of 100-percent electric models by 2030 ... Read More

Volvo electric car sales slide as new models fall behind schedule

Volvo’s transition towards becoming an all-electric car brand has slowed, according to its Australian boss, but will boom when its EX60 mid-sized SUV arrives next year. Volvo says a delayed arrival of ... Read More