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Volvo Cars abandons its commitment to sell only electric vehicles by 2030.
Volvo Cars ditches pledge to sell only electric cars by 2030
Volvo Cars launched plans to add its best-selling XC60 sports utility vehicle to production at its U.S. plant in Ridgeville, South Carolina.
After Trump unveiled sweeping tariffs in April, Volvo Cars announced plans to ramp up its vehicle production in the US.
The second-quarter earnings come shortly after Volvo Cars launched plans to add its best-selling XC60 sports utility vehicle to the production line of its U.S. car plant in Ridgeville outside Charleston in South Carolina.