Volvo Australia isn’t worried about cooling EV demand

AutoExec Summary: Despite challenges in the electric vehicle market, Volvo’s Australian managing director, Stephen Connor, remains optimistic about the brand’s transition to an all-electric range by 2026. He highlights the growth potential in the premium electric segment, with expectations for significant sales increases driven by new models like the EX30. Volvo aims for nearly 80% of its sales to be electric by 2025, supported by strong performance in 2023.

Brands mentioned: Volvo