New mass-production-ready, multifunctional tech can save the auto industry more than $900 million per year in the U.S. and overcome compliance challenges of stricter upcoming in-cabin safety regulations.
Volvo Group President and CEO Martin Lundstedt says the shift to electrification is expected to accelerate the automaker’s sales growth mainly because EVs’ profit margins are better than those of ICE vehicles.
For Wards Intelligence Subscribers Rapidly changing customer demand, unprecedented labor shortages, and international supply chain issues are causing disruption in automotive.
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