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Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication.
Volvo Vehicles has deserted its bold goal to promote solely electrical vehicles by 2030 amid a worldwide dampening of demand for battery-powered automobiles.
The Geely-owned Swedish group had been the primary amongst conventional carmakers to pledge a whole swap to electrical, and stays probably the most bullish in regards to the transition.
Gross sales of electrical automobiles have slowed globally as a consequence of shopper considerations in regards to the increased price and lack of charging infrastructure. The hit has been significantly arduous in Europe, the place Germany and different nations have abruptly ended incentives for EV purchases.
This can be a growing story
