Swedish carmaker Volvo has abandoned its goal to pivot toward an all-electric product line as demand for electric vehicles (EVs) plunges.
The company made this announcement on Sept. 4, citing “softening demand for pure battery-powered cars” as per Euronews. Before the announcement, Volvo had already laid out its ambitious goal of becoming an all-electric car manufacturer by 2030. This decision highlights the ongoing challenges facing the automotive industry as it navigates the transition to electric mobility.
Volvo originally sought to phase out gasoline-powered vehicles entirely, focusing solely on EVs by the end of the decade. But now, it plans for 90 to 100 percent of its global sales to come from electrified vehicles by 2030. This new target includes a mix of fully electric vehicles and plug-in hybrids, with the possibility of maintaining a small percentage of mild hybrid models, if necessary.
Volvo’s shift in strategy is not without consequences. Following the announcement, the company’s stock fell over four percent – adding to a 12 percent decline over the past six months. This comes after Volvo reported weaker-than-expected earnings for the first quarter and offered cautious guidance during its second-quarter earnings call. […]
— Read More: www.naturalnews.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
