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Proposed combustion-engine bans in Europe and Japan by 2030 shouldn’t concern Swedish premium automaker Volvo too much, its CEO insisted.

They’ll only make electric cars (EVs) by then anyway, Volvo CEO and President Hakan Samuelsson told the Financial Times Future of the Car Summit today .

Samuelsson said he’d be shocked if Volvo wasn’t a pure EV maker by 2030, with the company already planning to be halfway there by 2025.

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