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Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030

Home » Business » Markets » Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030

Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030

Sam Meredith CNBC 05/09/2024 21:01

Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling demand.

NBC News
Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling demand.
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