Volvo's Electric Vehicle Strategy Update

Volvo appears to be reconsidering its ambitious all-electric vehicle strategy by 2030 This comes after initial statements positioning them as pioneers with a commitment to exclusively offer fully electric vehicles by the end of the decade However, recent comments from CEO Jim Rowan suggest this timeline may be adjusted, raising questions about the firm's previous pledge not to sell any non-electric cars post-2030. This shift in strategy showcases the complexities and challenges global automakers face in the transition to electric mobility.