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Volvo’s head of sustainability on why the brand tweaked its ‘EV or bust’ strategy
An interview with Volvo head of sustainability Vanessa Butani.
That commitment was reinforced as recently as last year, with the brand’s chief commercial officer, Bjorn Annwall, telling Automotive News that Volvo would have an all-electric lineup globally by 2030, “no ifs, no buts.” Volvo lost eligibility after the passage of the Inflation Reduction Act in 2022, which mandated that electric vehicles and batteries be manufactured in the US in order to receive the credit. The tariffs have been keeping Volvo “on its toes,” Butani said, and serve as a stark reminder why it’s important to cite production facilities close to where you are selling your vehicles.
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