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Volvo Cars (OM:VOLCAR B): Valuation in Focus After US Expansion and New Hybrid Launch Plans
Volvo Car AB (publ.) (OM:VOLCAR B) just dropped some big news that is bound to catch the eye of anyone pondering their next stock move. The company is expanding production at its South Carolina plant and plans to launch a new hybrid model designed specifically for the US market before 2030. This strategy is about more than just rolling out another vehicle line; it signals Volvo’s efforts to localize manufacturing, adapt to shifting US demand, and side-step import tariffs that have squeezed...