Volvo Car AB has modified its plan to transition into a 100% electric-car company by 2030, over concerns about tariffs, the withdrawal of government incentives and a lack of sufficient ...

Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling ...

In 2021, Volvo set an ambitious goal to make only all-electric vehicles by 2030. Three years later, the company has abandoned that target. Now it says it expects at least 90% of its cars to be ...

Another automaker is adjusting its near-term electric vehicle target. Volvo is scaling back on its 100% EV pledge by 2030. The company said stronger government support is needed to advance the ...

Volvo's Hakan Samuelsson believes an all-electric automotive landscape is only a matter of time. Almost exactly one year ago, Volvo walked back its original goal of 100-percent electric models by 2030 ...