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Volvo drops 2030 all-electric target amid slow EV demand

Volvo EX30 light blue nose right Arc 2024
Volvo builds models including the full-electric EX30 in China. (VOLVO)
B
By:
Bloomberg
September 04, 2024 01:09 PM

STOCKHOLM -- Volvo has abandoned is ambition of selling only full-electric cars in 2030 and will instead allow plug-in hybrid vehicles as well as some mild hybrid engine cars as part of its lineup.

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