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according to overseas media reports, on the eve of the launch of the new volvo xc90 model, the volvo brand officially announced that it is adjusting its electrification goals. it is reported that by 2030, 90% to 100% of the brand's vehicles will be electrified; these will also include pure electric, plug-in hybrid and mild hybrid models. at the same time, volvo also attributed this change to "market conditions" and said that the brand is still "committed to full electrification"; adding that 26% of sales in the second quarter came from electric vehicles, while 48% came from mild hybrid or plug-in hybrid vehicles.

it is reported that volvo cars will continue to develop plug-in hybrid and mild hybrid models to ensure a "balanced product portfolio to build a bridge to an all-electric future". brand officials also said that this change is necessary due to the slower-than-expected rollout of charging infrastructure, the cancellation of government incentives in some markets, and the uncertainty caused by the recent tariffs on electric vehicles. at the same time, the latter also implies that volvo may transfer the production capacity of some models to overseas markets in the future.

volvo ceo jim rowan said in a statement: "we firmly believe that our future is electric because electric provides a superior driving experience and increases the possibility of using advanced technology, thereby improving the overall customer experience." he also revealed: "the transition to electrification will not be linear, and the speed of customer and market adoption will also be different."