Volvo Cars, part of China’s Geely Holding, now foresees a model lineup at the end of the decade that’s at least 90% electric cars and has widened that to include both battery-only and plug-in hybrids that combine battery power with an internal combustion engine.
On top of that, up to 10% could be a “limited number” of mild hybrids, which mainly run on internal combustion and store electric power from braking in a 48-volt battery to assist acceleration and improve fuel economy.
The company said it was adjusting to “changing market conditions and customer demands.”
This story is from the September 07, 2024 edition of Techlife News.
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This story is from the September 07, 2024 edition of Techlife News.
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