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Similarly, Volvo has stepped back from its commitment to being fully electric by 2030, as it moves to evaluate the demand for plug-in hybrids. BMW has taken a different approach, stating that their V8 engines will "live on indefinitely" in the U.S. and Middle Eastern markets, indicating a broader strategy that spans across various powertrains.
Bentley also made headlines with its cancellation of the 2030 all-electric plan, reviving the development of internal combustion engines, as they believe that they still have a future in the market. Audi has faced pressure as sales of premium EVs have declined, leading them to cease production of certain models. Moreover, Porsche has postponed the sales targets for their electric versions of the Boxster and Cayman due to declining profitability.