Volvo signs battery deals to meet its aggressive electric car target
Wednesday, May 15, 2019
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Overnight Volvo Cars inked a long term multi-billion dollar lithium-ion battery supply deal with LG Chem and CATL, an important step in meeting its lofty electrification goals. Last year Volvo said it was aiming to have half of its sales be fully electric cars by 2025, easily trumping its earlier commitments.
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