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Why Volvo Is Joining Ford And GM In Cutting 2030 EV Production Targets

By Forbes   |   Sep 5, 2024 at 12:55 PM EST
Why Volvo Is Joining Ford And GM In Cutting 2030 EV Production Targets

Volvo had ambitious plans to go fully electric by 2030, but recently abandoned this commitment due to changing market conditions. Other automakers like GM, Ford, and Porsche have also scaled back their EV production targets.

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