Jim Rowan, Volvo President & Chief Executive Officer, speaks during the reveal event of the Volvo EX30 small SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco
DAVOS, Switzerland (Reuters) -Volvo Cars remains confident of "tremendous growth" in the electric vehicles market, CEO Jim Rowan told the Reuters Global Markets Forum in Davos on Wednesday, countering gloomier projections from rivals.
The carmaker, which aims for electric vehicles (EVs) to contribute half its sales volume by mid-decade and to sell only EVs by 2030, said the growth in demand for its premium brand was stronger than that of mass-market rivals.
