Volvo has no plans to challenge low-cost EVs in China as a price war intensifies
Baua Electric
SEPTEMBER 25, 2024
Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, starts at around $28,000 (200,800 yuan), but that’s as low as the company will go. Volvo adjusted its 100% EV sales goal and now expects 90% to 100% of global sales to be electrified by 2030.
Let's personalize your content