With the world slowdown in electric car uptake Volvo has announced it has dropped plans to only sell electric cars from 2030 and will now further develop hybrid power beyond that date. The Swedish company now claiming it will aim for only 90 to 100 percent of its sales to be electrified by that date, the remaining 0-10 percent to be mild hybrid. The major about face comes after the Swedish company announced in 2021 that it would become a fully electric car company by 2030. To further confuse the issue Volvo Australia had been preparing to go fully electric from 2026 four years ahead of its parent. Locally, Volvo sales are running 20 percent below the same time last year – it currently only has one electric model – the small EX30 SUV which has quickly become its second-best seller behind its best-selling mid-size XC40. I’m David Berthon.

Download this podcast here