this post was submitted on 26 Sep 2024
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Electric Vehicles

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Volvo’s head of sustainability on why the brand tweaked its ‘EV or bust’ strategy (www.theverge.com)
submitted 1 month ago by Ghostalmedia@lemmy.world to c/evs@lemmy.world
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[–] KeraKali@lemmy.world 5 points 1 month ago

Money, of course. "The market isn't with us" is some bullshit when we need to rapidly get rid of gas cars but car manufacturers are greedy shitholes.

[–] simplejack@lemmy.world 3 points 1 month ago* (last edited 1 month ago)

I bet they were banking on Geely manufacturing to be able to hit ICE price points and profit margins, but then that 100% Chinese EV tax rolled in, and everything they were forecasting went out the window.

[–] Big_Boss_77@lemmynsfw.com 3 points 1 month ago