In a decision that surprised journalists more than ordinary buyers, Volvo has walked away from its pledge to sell only electric vehicles worldwide by 2030. The reversal joins the company’s earlier, equally ambitious goal of eliminating fatalities in its cars.
Market realities and softer-than-expected EV demand appear to have forced the rethink. It’s another sign that automakers are recalibrating their electrification timelines to match consumer appetite.
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