
Just as the UK government has confirmed that it will reinstate the previous 2030 end of sale date for petrol and diesel cars, Volvo has delayed its commitment to go all-electric by 2030.
Volvo now says that it’s aiming for 90% to 100% of its global sales volume by 2030 to consist of ‘electrified’ cars – this includes fully electric and plug-in hybrid models.
The remaining 0-10% will allow for a limited number of mild hybrid models to be sold, if needed.
The company says that slowdown of demand and removal of government incentives are some of the reasons behind its change of plan. However in the UK, EV sales were up in August, at 23% of the new car sales – but other markets around the world aren’t moving to EVs at the same pace.
This news comes at a time when deliveries of the new all-electric Volvo EX90 are due to start this month in Europe and the US. The Volvo EX90 has an electric driving range of up to 372 miles and it’s the first Volvo car designed to deliver bi-directional charging.