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EU approves Volvo Group and Westport, Canada joint venture for alternative fuel systems

On May 7, the European Commission approved the creation of a joint venture (JV) by AB Volvo (Volvo) and Westport Fuel Systems Inc. (Westport), under the EU Merger Regulation. The JV will focus primarily on the development and sale of alternative fuel systems and components to the automotive industry.
The Commission d....

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