After companies announcing the electric vision, the manufacturer of Volvo decides to go all-electric to its fleet by 2030. According to Volvo, around 50 per cent of its fleet will contain electric vehicles. While the future of petrol vehicles remain uncertain too.

World Business Watch: Volvo to go electric by 2030 for half of production

Singapore aims to phase out petrol and diesel vehicles by 2040, making a bigger bet on electric cars as part of its efforts to cut greenhouse gases and fight climate change, the finance minister said on Tuesday.

Singapore aims to phase out petrol and diesel vehicles by 2040

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