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Volvo To Manufacture All Electric Cars By 2030

- Views 100 - 05 Mar 2021
Like other big names including Volkswagen Audi Group VAG, Mercedes, BMW, Jaguar and other automaker has already planned to start manufacturing All Electric Vehicles and another Swedish automaker Volvo owned by Geely is also gearing to manufacture electric cars. The company claims to manufacture All Electric Cars by 2030.

The Volvo has already launched Its first EV back in 2019, which was the XC40 Recharge, an all-electric SUV. Now, the company plans to increase the production of EVs by 50 percent in next five years.

According to a representative of the automaker:
“The acceleration of existing targets driven by very strong demand for its electric models.”

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