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Euronews
Euronews
Eleanor Butler

Car industry needs to ‘shape up’ to compete with Chinese EVs, says Volvo CEO

There are around 256 million cars on the roads in the European Union, according to data from the European Commission.

With ambitious targets to phase out new petrol and diesel powered cars in the EU by 2035, an influx of Chinese EV brands such an BYD entering Europe and trade tariffs threatening the export market, the European automotive industry is at a critical moment. 

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