Volvo gives up plan to sell only EVs by 2030
The car maker's decision comes as industry faces slowing demand in some major markets for electric vehicles.
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The carmaker blamed changing market conditions for its decision to give up a target it had announced only three years ago.
It comes as the industry faces a slowdown in demand in some major markets for electric vehicles (EVs) and uncertainty due to the imposition of trade tariffs on EVs made in China.
Volvo, which has traditionally flaunted its environmental credentials, joins other major carmakers General Motors and Ford in rowing back on EV ambitions.
Volvo now expects at least 90% of its output to be made up of both electric cars and plug-in hybrids by 2030.
https://www.bbc.com/news/articles/c3ejye39434o
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