Volvo Cars has set a bold electrification target and is aiming for pure electric cars to make up 50% of its sales by 2025, and to achieve 100% pure electric vehicles by 2030.
It has stopped all production of internal combustion engine vehicles, with only plug-in hybrids and pure electrics featuring in its current model lineup.
CF: So, I think it's a bit of both. And I think especially with our customers, the impact that we have on the environment is extremely important to them and younger customers are becoming more discerning. AK: Also, to add on, all our combustion engine operations have been spun out into a separate powertrain technology company together with Geely and Renault. This will allow us to focus on our electrification ambition while also ensuring existing owners of combustion engines access to maintenance and service.
SM: Your main competitors have been announcing partnerships with energy companies to roll out public charging infrastructure. Volvo seems to be holding out. What’s the thinking here?
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