Bummer: Volvo Ditches 2030 Fully EV Goal

Volvo has learned a valuable lesson on trying to force their consumers into buying vehicles they do not want. Volvo customer are rabid about purchasing Volvos, much like Subaru customers, and they aren’t really biting on EVs outside of Europe

Volvo reverses goal to make only EVs in 2030

Volvo on Wednesday announced that it is dropping its goal of making only electric vehicles by 2030, saying it now expects it will still be offering some hybrid models as part of its lineup at that point.

The Swedish company, which has China’s Geely as its largest shareholder, and other automakers have seen slowing demand for EVs as price-conscious car buyers turn to hybrids and gas-powered vehicles over affordability concerns as well as access to charging stations.

Volvo and other EV makers are also bracing for the impact of European tariffs on electric cars made in China, a move that follows similar steps in the U.S.

In a statement, the company said it is aiming for 90% to 100% of its 2030 global sales volume to consist of fully electric EVs and plug-in hybrids, with the remaining zero to 10% of its lineup allowing “for a limited number of mild hybrid models to be sold, if needed.”

The reversal of plans to be fully electric by 2030 comes as the company expects the percentage of its electrified lineup — which includes EVs and hybrids — to be between 50% and 60% by 2025. Its share of fully electric vehicles was 26% in the second quarter of 2024, while EVs and hybrids combined amounted to 48% of its electric lineup.

It’s actually still rather tough to get people to get regular, non-plugin hybrids. EVs? Well, it’s a little easier with Volvo, considering they are a premium vehicle, and a goodly chunk of the purchasers will have garages. Home charging is where you save money. The only way to really get people to consider adopting is significantly building out the level 3 charging infrastructure, and losing lots of money on the sale of each one. So, realistically, if Volvo wants to stay in business, they’ll backtrack more and more on their EV pledge.

What’s Stalling Electric Vehicle Adoption in Wyoming?

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Wyoming has the second-lowest number of EVs in the country after North Dakota, according to the U.S. Department of Energy, with 1,080 registered. To some degree, that makes sense. Wyoming’s vast open spaces, harsh winters that can reduce battery capacity and populations spread out in small rural pockets make many residents wary of EVs. And disagreement between federal and state authorities about the best locations for chargers might also be slowing the growth of electric cars in the Cowboy State.

Wait, the batteries do not work well when it is cold? Huh.

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3 Responses to “Bummer: Volvo Ditches 2030 Fully EV Goal”

  1. Doom and Gloom says:

    Cheer up America. Soon, you will live in a high rise with no water, plumbing, or toilets, and you will toss your trash out the window to the ground below. No one will pick it up, so it will lie there because you are too busy standing in bread lines waiting for toilet paper and shoes.

    I know people who might read this think how stupid but in fact:

    The USSR before it dissolved suffered these exact problems, and the 1929 Great Depression, which lasted a decade, saw the same things, with the exception of high-rise apartments.

    Today, houses are priced out of reach. Blackrock, Vanguard, and T. Rowe Price are mass-overpaying for every house hitting the market so they can keep homes staggeringly high while making insane amounts of money renting.

    EV’s? It’s a pipe dream. They will be so expensive, and there will be nothing to charge them with as the country continues to flood with other cultures from nations that raised their babies to be OKAY with high rises, trash, and food lines.

    Why change a good thing says KAMALA HARRIS.

    VP HARRIS is lying about everything she says. Nothing she is promising would EVER fly with the NEW COMMUNIST PARTY OF THE USA, formerly known as Democrats. Instead, they all understand it’s a LIE to the dumb ass, stupidly ignorant American voter.

    But even with Trump in the white house for four years. He will immediately be a lame duck and get next to nothing done other than perhaps shut down illegal immigration for 4 years, only to watch it flood open again once the COMMUNISTS get back in charge.

    Even Obama said that Trump was a hiccup in America’s fundamental change, as he lives in Martha’s Vineyard and is now a mega millionaire.

    Turn out the lights. Meanwhile the GOP is buttfucking Trump by doing NOTHING to turn out the base. They give no shit about us little people. They only care that their government gravy train keeps on running and they keep on getting rich. Hell, they can all move to Costa Rica when it gets too bad here in the USA and laugh with each other to the 300 million people they embezzled into poverty.

    National debt: 38 trillion and rising. That is very similar to someone living off credit cards while on unemployment.

  2. Professor Hale says:

    Wait, the batteries do not work well when it is cold? Huh.

    Massive understatement. EV batteries will drain themselves keeping themselves warm when it is cold outside. So, when you park with what you thought was a full charge, you come back out in a few hours and your car doesn’t start. In places with severely cold weather like Alaska, it is common for parking lots to have hard wired 120v outlets in every parking spot so that employees can plug in their block warmers while they are at work or parking overnight. The electrical service for those places could not in any way handle even a few EVs using those as recharging stations. EVs are a toy for people who live in California and DC. They only work when there are just a few of them.

  3. Professor Hale says:

    And disagreement between federal and state authorities about the best locations for chargers…

    Wyoming State authorities think the best locations are in California and DC.

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