Volvo Reverses Plan to Sell Only Electric Cars by 2030

Volvo Cars set an ambitious target in 2021 to become a fully electric car manufacturer by 2030. Following a shift in consumer demand, the automaker has adjusted its target now aiming for 90-100% of global sales to come from electrified cars by 2030. This new target includes a mix of fully electric and plug-in hybrid vehicles with a small allowance (0-10%) for mild hybrids, if necessary.