Volvo backtracks on its 100% EV pledge: Here’s what the new plan looks like
Baua Electric
SEPTEMBER 4, 2024
Volvo was one of the first automakers to set a 100% EV sales goal by 2030. The new plans call for 90 to 100% of global sales to be electrified, including EVs and plug-in hybrids (PHEVs). By 2025, Volvo expects 50 to 60% of sales to be electrified. Volvo EX90 (Source: Volvo) Volvo also adjusted its CO2 reduction goal.
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