Volvo has revealed its new compact, fully-electric SUV, badged EX30. In range extended form it can do just under 300 miles and can charge from 20 to 80% in 26 minutes.
Bosses said decision a result of 'slower than expected' rollout of EV chargers. Also blamed withdrawal of EV incentives and tariffs on electric vehiclesVolvo has confirmed it has backtracked on its promise to sell only fully electric cars by 2030 due to a fall in demand for battery vehicles.
Volvo has become the latest major car maker to turn its back on plans to go fully electric from the end of the decade. Find out which other brands have taken similar action in recent weeks The latter references recent import levies introduced on EVs arriving from China, which have been upped to 100 per cent in the US and Canada, while the EU has also introduced provisional tariffs which could be upheld following a vote by governments later this year.
'We are pragmatic and flexible, while retaining an industry-leading position on electrification and sustainability.'Having previously stated it would no longer be selling its iconic estate cars in the UK last year, in June it said they would return to UK showrooms less than a year after they were axed.
Renault's chief executive in July became one of the latest motor industry big name to cast doubts on the transition to electric cars in this decade, warning that sales are not on the 'right trajectory'. Luxury car maker Porsche also said in recent weeks that the transition to electric vehicles to take longer than it thought.
The A-Class hatchback, which was due to be retired by the end of this year, will continue to be built through to 2026 as part of a more 'flexible' Mercedes strategy for transitioning to EVs.
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