
It was more than four years ago when Volvo announced it would go fully electric by the end of the decade. But reality soon set in, showing that the rise of EVs wasn’t unfolding as quickly as the Geely-owned company had hoped. The Swedes have since abandoned their EV-only pledge for 2030. Their new target is for plug-in hybrids and purely electric cars to account for 90 to 100 percent of sales by decade’s end.