Automakers

Volvo softens EV-or-bust strategy as hybrids show promise

Volvo XC90
Volvo is said to be considering updating its SPA1 platform, which supports mild- and plug-in hybrid variants of the XC90 and XC60 crossovers, as the brand's electric vehicle sales in the U.S. and China slump. (VOLVO CARS)
July 25, 2024 10:12 AM

Automakers from Aston Martin to Volkswagen Group are recalibrating their electric vehicle ambitions as the technology's growth trajectory has lost some of its zoom.

Featured Stories

ACCII: Are states ready for ZEV mandates?

Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for noncompliance – face a daunting challenge

ACCII: Are states ready for ZEV mandates?
Staying current is easy with newsletters delivered straight to your inbox.