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   brad m (brad262run@mastodon.online)'s status on Saturday, 07-Sep-2024 20:33:02 JST brad m

   in reply to

   • David Ho

   @davidho “changing market conditions” 👇
   “Volvo is majority-owned by Chinese car giant Geely and because it uses factories in China, it will also be affected by tariffs on imports of Chinese-made EVs in Europe and North America”

   • Embed this notice
     David Ho (davidho@mastodon.world)'s status on Saturday, 07-Sep-2024 20:33:04 JST David Ho

     “…Volvo has announced it has abandoned its target to produce only fully electric cars by 2030, saying it now expects it will also be selling some hybrid vehicles by that date.

     “The car maker blamed changing market conditions for its decision …“

     https://www.bbc.com/news/articles/c3ejye39434o

     Minoru Saba repeated this.