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Volvo Cars’ Record EV Mix And EX60 Demand Versus Valuation Concerns
Volvo Cars (OM:VOLCAR B) reports a record share of fully electric vehicles among premium legacy carmakers.
The company has launched its new fully electric EX60 model, with orders currently above initial expectations.
Deliveries of the EX60 battery electric vehicles are planned to begin this summer.
Fully electric car sales for Volvo are reported to be up 12%, supporting a higher share of battery electric vehicles in its mix.
For you as an investor, this update sits at the intersection of...