Volvo Pivots to Extended-Range EV Hybrids (EREVs): A Strategic Shift in the U.S. Market
Volvo, one of the world’s most renowned automakers, has announced a strategic shift in its approach to electric vehicles in the United States. The company plans to roll out its next generation of Extended-Range Electric Vehicles (EREVs), also referred to as “second-generation hybrids.” These vehicles are designed to operate mostly on electricity but incorporate a … Read more