Volvo’s Q1 EV sales plunge: A momentary blip or a sign its 2030 plan is in jeopardy?

Volvo’s Q1 EV sales took a hit, down 65% in the U.S. πŸ“‰ Is this a temporary setback or a threat to its 2030 goals? πŸ€” #Volvo #EVs

Volvo EV sales in the U.S. plummeted 65 percent in the first quarter. According to Cox Automotive estimates, it was the largest year-over-year percentage decline in the luxury segment.

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https://www.autonews.com/retail/after-us-ev-sales-drop-can-volvo-meet-2030-electric-only-plan