One of the world’s leading premium automobile manufacturers Volvocontinue to invest in “hybrid” vehicles will.
Volvo has long stated that it wants to become a brand selling fully electric vehicles by 2030. The company, which believes deeply in the electric future, does not want to rush into the fully electric era anymore. Because the company still sees a great demand for its “hybrid” vehicles. Company CEO Jim Rowan made a statement on the subject, “Our plug-in hybrids and mild hybrids remain popular with our customers, so we will continue to invest in the hybrid range.” he said. Volvo’s former CTO Henrick Green, in a statement he made recently, said, “There is no long-term future for internal combustion engine cars” he said. Volvo had previously stated that it aimed for 50 percent of global car sales to be electric by 2025, with the rest being hybrids. The manufacturer, which currently offers both electric and hybrid vehicles, will continue to do so for a long time. The new statements indicate that the brand will continue to sell hybrid vehicles even after 2030. Many rival manufacturers are also seriously delaying the transition to the fully electric era.
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Volvo had previously made headlines with a production development. In order to avoid the EU’s customs duty on electric vehicles produced in China, Volvo moved the production of the EX30 and EX90 from China to Belgium. Before these, there was news of a passport for the Volvo EX90. The world’s first electric battery passport, which will be offered with the fully electric SUV model Volvo EX90, It will include important information such as the battery’s chemical composition, where the materials used in production come from and its carbon footprint.
The passport will also include information about the battery’s health over 15 years. The passport, which is estimated to cost the company around $10 per vehicle, will be adopted by other manufacturers in the future. The passport, which will be mandatory for all electric vehicles sold in the EU from February 2027, took more than five years to develop. Volvo partnered with UK-based Circulor to do this.