Mar 2, 2021
Volvo Cars bets on electric vehicles
Volvo Cars is only going to sell electric vehicles by 2030, the Swedish firm has said. Its online push means customers will be able to order cars to their own specification online, but also through a dealership. In February, Volvo abandoned plans to merge with Chinese car giant Geely. The two companies said instead that they would form a partnership to make components for electric cars that would be used by both firms. Global carmakers continue to pursue alliances to spread the cost of the transition to electric cars, tougher emission rules and autonomous driving, as well as pooling expertise and resources.
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