A major shift in the Swedish automaker’s strategy sees its compact electric vehicle model discontinued, even as the company prepares to unveil a refreshed version of its gasoline-powered compact SUV. The move marks a rare departure from the brand’s recent push toward electrification, raising questions about its long-term commitment to fully electric vehicles. While the electric model is being phased out, the gas-powered counterpart will receive updates, signaling a continued focus on internal combustion engines. Industry observers are closely watching how this decision aligns with broader trends in the automotive market.
The Swedish brand is leaving the compact luxury EV behind at the same time it supplies a facelift to the identical gas-powered XC40.
