Volvo’s all-out assault on Tesla’s turf is as much about its future as its past (TSLA)
|07/07/2017||Posted by BusinessMediaguide.Com under General World News||
Volvo Cars says its entire lineup will either become electric or hybridized by 2019.
For cynics, Volvo’s announcement is a mere PR stunt designed to capitalize on the propulsion method du jour. After all, Tesla, a company that sells less than 80,000 electric cars a year now boasts a market cap on par with General Motors.
On the other hand, proponents of electric mobility applaud Volvo for being a mainstream automaker brave enough to take the plunge.
While I am neither cynic nor e-mobility evangelist, I think Volvo’s decision to go electric makes perfect sense. read more >>>