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Volvo gives up plan to sell only EVs by 2030 (www.bbc.com)
submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 8 points 1 month ago (1 children)

We both wrote one-liners, look up my post and comment history to see how I feel about Reddit recently :D.

I'm all up for discussion. My point is however a fact they committed to the 2030 EV deadline and are now reversing their stance on it. So why would we trust them shifting the goalpost 10%. It's on them to prove it I'm not taking a broken word of a corp.

An actual positive is that “Following the announcement on Wednesday, Volvo's shares fell by more than 4% and have declined by 12% over the past six months.” which shows the money didn't like it, and they made a mistake. “Its total electrified share, including EVs and plug-in hybrids, accounted for 48% in the second quarter of this year.” Again another positive but further adding to the fact they can't be trusted because they're obviously putting things ahead of this 2030 goal.

The main issue here is that no one really wants to put in for charging inferstructure.

""Jim Rowan, Volvo’s chief executive, on Wednesday blamed changing market conditions and consumer worries over the lack of charging infrastructure for its revised target.

“We will be ready to go fully electric this decade, but if the market, infrastructure and customer acceptance are not quite there, we can allow that to take a few more years,” Rowan said as he showcased Volvo’s new electric and plug-in hybrid flagship sport utility vehicles.""

[–] [email protected] 1 points 1 month ago

I don't understand the fixation on "trust" here. They set a soft target of 2030 based on their predictions at the time, now they are revising slightly but have reiterated the main points which is they are fully committed to electrification. This is a small revision, not some clear fraud like FSD. They used words like "plan", "intend", and "ambition", not "promise" in their original press release. I don't see the case that Volvo can't be "trusted", since they never even promised anything. Maybe I'm being pedantic, but holding Volvos feet to the fire on this doesn't seem fair. If they said they were cancelling EVs entirely and plan to be an ICE only company, sure.

https://www.media.volvocars.com/global/en-gb/media/pressreleases/277409/volvo-cars-to-be-fully-electric-by-2030