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Is Volvo backing down from its promise to go all-EV by 2030?

Baua Electric

Volvo already has a strong lineup of EVs rolling out, including the low-cost EX30 , starting around $35,000, and the larger EX90. It’s also launching its first luxury electric minivan, the EM90 , in China. Despite this, EV sales remained strong in Europe (+80%) and other markets (+49%) outside the US, Europe, and China.

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Volvo EX30 boosts EV sales share in February to reach a new record at 22%

Baua Electric

The EX30 is already rolling out in Europe, Japan, and Brazil. Volvo says its low-cost EV will hit new markets in the coming weeks. He boasted about the automaker’s pricing power, with the EX30 starting at $34,950 in the US and €36,590 in Europe. Europe was Volvo’s biggest market, with 8,799 EVs sold, up 31% YOY.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Volvo Ford-owned company exploring PHEVs "ReCharge" flex-fuel series 60-mile concept PHEV w/wheel motors. The F6 DM uses ferrous batteries, with no lithium content, that BYD says are high-energy density and low cost. Blue Concept PHEV Van with diesel or hydrogen fuel cells and rooftop photovoltaic. Detroit Free Press ).

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