{"id":74870,"date":"2024-07-26T12:03:41","date_gmt":"2024-07-26T16:03:41","guid":{"rendered":"http:\/\/autosector.com\/?p=74870"},"modified":"2024-07-26T12:03:41","modified_gmt":"2024-07-26T16:03:41","slug":"1143936_volvo-needs-to-keep-hybrids-or-will-die-according-to-dealers","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=74870","title":{"rendered":"Volvo needs to keep plug-in hybrids or &#8220;will die,&#8221; according to dealers"},"content":{"rendered":"<ul>\n<li><strong>Volvo&#8217;s CEO said mild- and plug-in hybrids are a bridge technology for EVs<\/strong><\/li>\n<li><strong>Volvo will continue to invest in plug-in hybrids despite planning for an EV-only lineup<\/strong><\/li>\n<li><strong>Dealers said Volvo needs to sell PHEVs or the automaker would die<\/strong><\/li>\n<\/ul>\n<p>Volvo has pledged to <strong><a href=\"https:\/\/www.motorauthority.com\/news\/1131440_volvo-commits-to-fully-electric-lineup-by-2030\" target=\"_blank\" rel=\"noopener\">exclusively sell electric vehicles<\/a><\/strong> by 2030, but slower than expected demand may cause the automaker to continue offering vehicles with gas engines beyond the date.<\/p>\n<p><a href=\"https:\/\/www.autonews.com\/automakers-suppliers\/volvo-reconsiders-promise-go-all-ev-2030\" target=\"_blank\" rel=\"noopener\">Automotive News<\/a> (subscription required) reported on Thursday that Volvo CEO Jim Rowan, while announcing this past quarter&#8217;s financial results, acknowledged that 48-volt mild-hybrids and plug-in hybrids are an ideal <strong>bridging technology<\/strong> for customers not ready to make a switch to an EV, and that Volvo will continue to invest in the technology. Volvo doesn&#8217;t sell a traditional hybrid fueled by gas but supplemented by a battery and electric motor system without a plug in the U.S.\u00a0<\/p>\n<p><span id=\"static-marker-video-player-primis\"\/><\/p>\n<p>Automotive News also reported that Volvo will focus on selling plug-in hybrids alongside EVs in the next decade, citing a source familiar with the automaker&#8217;s plans. The plug-in hybrids could be based on an updated version of the SPA platform underpinning popular Volvo models like the XC60 and XC90, the source said.<\/p>\n<p>Volvo parent company Geely earlier this year teamed with Renault Group to form the joint venture Horse Powertrain aimed at developing and marketing state-of-the-art engines and hybrid technology. Volvo could also potentially tap the company for those components it itself is no longer investing in.<\/p>\n<div class=\"image_wrapper first_wrapper\" readability=\"7\"><img fetchpriority=\"high\" decoding=\"async\" name=\"tccimg_100894279_m\" title=\"2024 Volvo XC60 Black Edition\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"2024 Volvo XC60 Black Edition\" width=\"640\" height=\"360\" class=\"first_image lazy\" data-width=\"1024\" data-height=\"576\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/volvo-xc60_100894279_l.webp\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/volvo-xc60_100894279_h.webp\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/volvo-xc60_100894279_l.webp\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/volvo-xc60_100894279_l.webp\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/volvo-xc60_100894279_m.webp\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/volvo-xc60_100894279_s.webp\"\/><\/p>\n<p>2024 Volvo XC60 Black Edition<\/p>\n<\/div>\n<p>Volvo dealers also expect to continuing <strong>selling plug-in hybrids beyond 2030<\/strong>, according to Automotive.<\/p>\n<p><strong>&#8220;We will have to, or we will die,&#8221;<\/strong> one dealer source told the publication. &#8220;Volvo has gotten way out over their skis with this EV-only strategy.&#8221;<\/p>\n<p>Volvo wouldn&#8217;t be alone in backtracking on its <strong>EV pledge<\/strong>. Mercedes-Benz in February said it now expects to sell gas-powered cars beyond 2030, whereas previously it thought it would be a fully electric brand by the date. Similarly, Cadillac, which also targeted a fully electric lineup by 2030, said in May that it will likely still be selling gas-powered cars beyond the date.<\/p>\n<p>Porsche also came out this week with comments that it <a href=\"https:\/\/www.motorauthority.com\/news\/1143899_porsche-changes-strategy-as-ev-demand-slows\" target=\"_blank\" rel=\"noopener\">no longer targets<\/a> EV sales to reach 80% of total sales by 2030. The automaker also confirmed that its top-selling Cayenne will <a href=\"https:\/\/www.motorauthority.com\/news\/1143920_gas-and-hybrid-porsche-cayennes-to-live-on-beyond-2030\" target=\"_blank\" rel=\"noopener\">still be available<\/a> with gas and plug-in hybrid powertrains next decade, despite an electric Cayenne launching in the next year or two.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volvo&#8217;s CEO said mild- and plug-in hybrids are a bridge technology for EVs Volvo will continue to invest in plug-in hybrids despite planning for an EV-only lineup Dealers said Volvo needs to sell PHEVs or the automaker would die Volvo has pledged to exclusively sell electric vehicles by 2030, but slower than expected demand may [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/74870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74870"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/74870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74870"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}