Volvo Group is positioning itself for anticipated growth in hybrid and electric buses, most recently through a partnership with ABB. Speaking to analyst recently following the publication of the company's Q2 financial results, Volvo Chief Executive and President Olof Persson stated: "For a more long-term perspective, we see a build up and high interest and demand for hybrid and electric buses. We have a very good position there and are now working with a lot of big cities to transform bus travel, going from normal diesel power to hybrid and electric hybrid in a number of projects."
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