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Volvo Says It Won’t Lower Its EV Prices To Follow Tesla

Volvo won’t follow Tesla in cutting the prices of its all-electric vehicles, citing strong demand and a solid backlog of orders on the EV front. The statement belongs to the Swedish company’s CEO, Jim Rowan, who spoke with Reuters, saying that they have no intention to reduce pricing.

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insideevs.com/news/651834/volvo-ev-prices-to-stay-the-same-says-ceo/

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