Volvo Cars braces for pain in 50% of its markets as Chinese-backed carmaker walks back 2030 EV goal

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“We will be fully electric probably in 50% of the market way before 2030, but in the other 50%, it’s going to take a lot longer," CEO Jim Rowan told Fortune.

https://fortune.com/europe/2024/09/05/volvo-cars-ev-earnings-autos-chinese-tariffs-carmaker-2030/