Volvo won’t chase last bit of ICE business, but PHEVs will evolve

2025.5 Volvo XC90 and 2025 Volvo EX90Volvo might end gas models sometime after 2030 even if demand still exists Charging infrastructure, slower EV adoption are behind new timeline Volvo PHEVs will keep evolving toward EV, with smaller engines too Although Volvo last week walked back plans to sell only plug-in vehicles by 2030, relaxing the electrified target to 90% by then, its...