Egyptian Manufacturing Commercial Vehicles (MCV) and Swedish Volvo Buses have inaugurated a new EGP 3 billion ($62 million) production line for electric buses in Egypt, with an annual capacity of up ...
Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services.
Over the medium to longer term, Chinese companies' first-mover advantage in scaled ZEV technology could pose a threat to the oligopoly’s historically stable market shares in key regions.
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