Volvo to boost plug-in hybrid production to 25 percent of fleet

By (Eric C. Evarts) While other automakers are moving away from plug-in hybrids to electric powertrains, Volvo is finding unexpected success with its lineup of plug-in hybrids. At a recent roundtable with journalists in Sweden, Volvo CEO Hakan Samuelsson said the company is disappointed that it underestimated demand for its plug-in hybrids. DON’T MISS: …read more