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Volvo Steers Clear of Ford and Tesla’s Electric-Car Price War
Volvo is seeing robust demand for its fully battery-powered models.
Photographer: Mikael Sjoberg/BloombergThis article is for subscribers only.
Volvo Car AB said it won’t follow Tesla Inc. and Ford Motor Co. in lowering prices for its electric vehicles anytime soon.
The carmaker is seeing robust demand for its fully battery-powered models, Chief Financial Officer Johan Ekdahl said in an interview Thursday.