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Volvo announces when its electric vehicles will be as cheap as petrol

  • November 14, 2022
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The prices of electric vehicles are much more expensive than traditional diesel and petrol vehicles. There are many reasons for this, but once ingested, it can be It

Volvo announces when its electric vehicles will be as cheap as petrol

The prices of electric vehicles are much more expensive than traditional diesel and petrol vehicles. There are many reasons for this, but once ingested, it can be It burns fewer pockets as fuel costs than diesel and gasoline.

But of course you have to be able to buy the car first. In the statements made about the plans announced by Volvo for the period up to 2030, the increase of electric vehicles, It is also said to be as cheap as diesel and petrol. So how and when?

Electric vehicles will be as cheap as diesel and petrol in 2025:

Volvo CEO Jim Rowan says the company’s electric vehicles will be would be as cheap as petrol cars explained. According to Rowan, this will of course happen as long as there is enough technology to reduce battery costs. While this opportunity will be provided, according to Rowan, we will only be able to see if the expectation comes true by waiting.

Complete withdrawal from internal combustion engine production:

Volvo plans to have all the cars it produces 100% electric by 2030. To this end, the company has set up shares of Aurobay together with Geely. He shared that he will sell up to 33%. It will therefore withdraw completely from participation in the development and manufacture of internal combustion engines. The company thus becomes involved in the development and production of internal combustion engines. completely withdrawn first car manufacturer will be.

Volvo’s global sales in 2025 50% will be fully electric vehiclesaims to make the remaining 50% hybrid vehicles. It will also switch to fully electric vehicle production by 2030.

Source: Web Tekno

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