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    Components consolidation around power systems marks EV uptake

    By Majeed Ahmad | September 10, 2017

    Volvo’s landmark announcement about ceasing the production of internal combustion engine (ICE) vehicles by 2019 negates the common perception among industry observers that electric vehicles (EVs) lack consumer interest.

    The Swedish automaker has vowed to produce only three types of electric vehicles from 2019 onward: mild electric vehicles featuring 48-volt system, Twin Engine a.k.a.