Loading...
Market
Will Volvo Cars achieve at least 90% electrified sales by the end of 2030?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Volvo Cars annual sales report for 2030
Story
Volvo Cars Adjusts 2030 Goal to 90-100% Electrified Sales Amid Market Shifts
Sep 4, 2024, 12:15 PM
Swedish automaker Volvo Cars announced it has abandoned its goal of selling only fully electric cars by 2030. Instead, the company now aims for 90-100% of its sales to be electrified cars, which include fully electric and plug-in hybrid models, with up to 10% being mild hybrids if needed. The decision was influenced by changing market conditions and customer demands. Despite this shift, Volvo remains committed to electrification, with plans to revamp its XC90 hybrid SUV. Additionally, Volvo Trucks is set to launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 miles) on a single charge, with more efficient batteries and electric motors and transmission integrated in the rear axle. Deliveries are expected to start in the second half of 2025.
View original story
Similar markets
0-5% • 25%
5-10% • 25%
10-15% • 25%
More than 15% • 25%
90% - 92% • 25%
92% - 94% • 25%
94% - 96% • 25%
96% - 98% • 25%
Below 85% • 25%
85% to 89.99% • 25%
90% to 94.99% • 25%
95% or above • 25%