The move comes as a response to the Trump administration's waning support for electrification and a weakening consumer market ...

Geely Automobile Holdings Ltd. (HK:0175)-owned Volvo Cars has dropped its target of selling only electric vehicles (EVs) by 2030. This move comes as the demand for EVs has slowed down globally and the ...

Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling ...

Porsche, it seems, is no longer fully committed to ensuring that 80 percent of its sales by 2030 will be electric vehicles. In a statement released by the automaker on July 22, executives now believe ...

Global electric car sales expected to reach 17 million by end of 2024. In 2024, electric cars sales in China are projected to leap to about 10 million. Get the strategy to turn September’s volatility ...

More than 40% of all cars sold worldwide will be electric vehicles by 2030 -- nearly double the market share last year -- thanks to increasing affordability of EVs, according to a recent report by the ...

Cadillac has long planned to have an all-electric line-up by 2030 but the vice president of Global Cadillac, John Roth, has acknowledged it will continue to sell combustion-powered vehicles after this ...

A prominent electric vehicle industry group in the UK is pushing for the government to ban traditional hybrid cars alongside more conventional petrol and diesel vehicles which are already facing the ...

The Biden administration hasn't been shy about its climate goals. Chief among them is increasing the number of electric and hybrid vehicles being sold by US automakers to reduce greenhouse gas ...

Sales of electric vehicles worldwide are on track to exceed 20 million this year, as EV sales now represent more than 20% of the car market for the first time, data out this week from the ...

Drivers of electric cars will pay a road charge of 3p per mile, while plug-in hybrid drivers will pay 1.5p per mile from ...