According to foreign media reports, as the market demand for electric vehicles is slowing down, Volvo Cars will slow down its goal of achieving full electrification by 2030 and switch to hybrid vehicles.
According to reports, as sales of electric vehicles weaken in major markets such as the United States and China, Volvo Cars is currently considering updating its existing SPA1 platform to focus more on hybrid technology.
It is reported that this platform is used for mild hybrid and plug-in hybrid versions of the XC90 and XC60 SUVs.
, Reported that Volvo Cars CEO Jim Rowan said at a recent quarterly investor online conference that he is a “big believer in electric technology” and called it a better technology than the internal combustion engine.
Image source: Volvo Cars,Rowan said on July 18:”(Hybrid vehicles) provide a solid bridge for our customers who are not yet ready to move to full electrification.
Our plug-in hybrids and mild hybrids are still very strong and popular with our customers, and we will continue to invest in this lineup.
“, Sources familiar with the company’s plans revealed that in the next decade, Volvo Cars will focus on supplying plug-in hybrid vehicles, while the electric vehicle market in the United States and other regions will gradually mature.
They said Volvo dealers in the United States expect sales of gasoline-powered hybrid vehicles to continue into 2030.
For Volvo Cars, continuing to develop and produce hybrid vehicles will be a huge change of plan.
Bjorn Annwall, the company’s chief commercial officer, announced last year that as Europe prepares to ban the sale of internal combustion engine models before 2035, the automaker will not “sell any non-pure electric vehicles” globally after 2030.
Rowan also said in May this year that he was “confident” that Volvo would achieve its goal of becoming a pure electric vehicle company by 2030.
A spokesperson for Volvo Cars Australia said: “We will continue to promote pure electric vehicles locally.
We are a very flexible company that responds to market conditions and consumer needs, and we constantly evaluate global market sentiment and trends.
Although the global electrification transformation will not be smooth sailing, we still firmly believe that electrification is the future trend.
“, Return to the first electric network home page>,.
