Connect with us

Hi, what are you looking for?

Tech News

Volvo’s head of sustainability on why the brand tweaked its ‘EV or bust’ strategy

Image: Volvo

Earlier this month, Volvo became the latest automaker to announce that it was delaying its plans to sell only electric vehicles. The decision was a reflection of the stark reality of the market: the demand was just not there.

“We reduced the ambitions we had set to go 100 percent electric by 2030,” Vanessa Butani, head of global sustainability at Volvo, said in an interview. “We’re pushing that back a bit, not committing fully to a year right now, because we see that even though we’re fully ready to do it, the market’s not really with us.”

“We’re pushing that back a bit, not committing fully to a year right now”

Several years ago, automakers were tripping over themselves in a rush to declare their intentions to go all in on EVs. Volvo…

Continue reading…

You May Also Like

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

Tech News

Image: Becca Farsace / The Verge Instagram is a popular place to show off your latest photos, but if you’re a real photography enthusiast,...

Tech News

Rufino Choque, from the Urus Indigenous community, stands over a boat in the middle of the extinct Poopó Lake, which disappeared in 2015. |...

Politics

When word first broke that Joe Biden would be sitting down with Howard Stern for a live interview Friday on his SiriusXM show, it...

Generated by Feedzy