Volvo U-turns from 'shrinking' fossil fuel car business with pledge to go all-electric by 2030

Cecilia Keating
clock • 2 min read

Swedish company announces new direction as study from Which? warns carmakers are overstating the fuel efficiency of plug-in hybrid vehicles a

Volvo has become the latest auto giant to sound the death knell for fossil fuel vehicles as it announced this morning it will axe all its internal combustion engine (ICE) car lines over the next 10 years,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

'This is not a story of polarisation': Wealth divide in EV adoption is reversing, study claims

'This is not a story of polarisation': Wealth divide in EV adoption is reversing, study claims

Uptake of low or no emission vehicles has accelerated beyond affluent early adopters, New Automotive and char.gy find

Stuart Stone
clock 02 March 2026 • 4 min read
'Charging ahead': Data shows UK now has 'considerably more' EV chargers than petrol pumps

'Charging ahead': Data shows UK now has 'considerably more' EV chargers than petrol pumps

Latest estimates come as government announces further £4m to help NHS England roll out more EV chargers for ambulances and other medical vehicles

Michael Holder
clock 27 February 2026 • 4 min read
EV industry calls for revamped approach to charge point signage

EV industry calls for revamped approach to charge point signage

'Drivers cannot use infrastructure they cannot see', EV industry leaders warn, as study finds more than half of drivers seldom see roadside charging signs

Stuart Stone
clock 27 February 2026 • 5 min read