Jan 30, 2018
Volvo Becomes the First Premium Car Maker to Go All Electric
Posted by Shane Hinshaw in categories: business, transportation
“Volvo cars is taking a bold step forward,” the company explained in a video on Volvo’s official Twitter account, “heralding the end of an era for the pure internal combustion engine.”
While other companies have yet to take the leap, Volvo knows investing in electric car production makes good sense from a business perspective: “This is about the customer,” Håkan Samuelsson, Volvo Car Group’s president and CEO, said in a press release. “People increasingly demand electrified cars and we want to respond to our customers’ current and future needs.”
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