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Swedish automaker Volvo has announced plans to make all of its new cars electric by 2030

Swedish automaker Volvo has announced plans to make all of its new cars electric by 2030, marking a significant shift towards sustainable transportation. As part of this transition, Volvo plans to phase out the production of cars with internal combustion engines by 2030, and will only sell fully electric cars online.

To support this shift towards electric vehicles, Volvo is also investing heavily in its EV charging infrastructure. The company aims to triple the number of charging points it operates globally by 2025, with a focus on providing fast charging for long-distance travel.

According to Håkan Samuelsson, CEO of Volvo, "We're committed to becoming a leader in electric mobility, and this is a major step towards achieving that goal. By transitioning to electric vehicles and expanding our charging infrastructure, we're not only reducing our carbon footprint, but we're also providing our customers with a more sustainable and convenient transportation option."

This announcement by Volvo is a significant commitment to the transition to electric vehicles and the expansion of EV charging infrastructure. With more and more automakers investing in electric vehicle production and charging infrastructure, we can expect to see continued growth in the EV market in the coming years.