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Automotive

XC40 Recharge nips at Tesla as Volvo aims for EV profitability

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The automaker is taking a “two-step strategy” with electrification: Focus on plug-in hybrid sales in the near term as the EV model lineup — and customer adoption of the new technology — evolves.

source https://www.autonews.com/sales/xc40-recharge-nips-tesla-volvo-aims-ev-profitability

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