The Swedish brand Volvo pledged to be a global all-electric automobile company for 2030. To do this, it will phase out any vehicle from its global portfolio with a internal combustion, including hybrid.
The company's transition to a fully electric carmaker is part of its "ambitious climate plan”, Which seeks to constantly reduce the carbon footprint of the life cycle per car.
Moreover, Volvo's new business strategy will be based on strong investment in its online sales channels, radically reduce complexity in your product offering and offer pricing models "Transparent and established".
In the coming years, Volvo Cars will launch several additional electric models. For 2025, the company has stated that 50% of its global sales will be fully electric models, with the rest hybrids.