Emeritus Prof Christopher May on Nostr: Volvo has scrapped plans to sell only electric vehicles by 2020, citing weakening ...
Volvo has scrapped plans to sell only electric vehicles by 2020, citing weakening demand for EVs, slowness of charging infrastructure build-out & removal of support for the transition.
My feeling is Volvo & other European car manufacturers are, however, leaving the field open for Chinese firms to keep building their reputations & profile in EVs, so when consumer demand (and infrastructure) pick-up, the Chinese firms will out-compete the Europeans?
#electriccars #green
https://www.bbc.co.uk/news/articles/c3ejye39434o
My feeling is Volvo & other European car manufacturers are, however, leaving the field open for Chinese firms to keep building their reputations & profile in EVs, so when consumer demand (and infrastructure) pick-up, the Chinese firms will out-compete the Europeans?
#electriccars #green
https://www.bbc.co.uk/news/articles/c3ejye39434o