The societal transformation to zero-emission vehicles is slower than previously anticipated, and therefore costs of SEK 4.5 billion related to compensation for lower battery volume commitments and impairment of some battery-electric assets have had a negative impact on reported operating income. As a matter of fact, the Volvo Group has the products and solutions necessary to drive the transformation. However, other enabling conditions, such as charging infrastructure and stimulus of demand, have not yet been put in place, which we regret. It is time for policymakers, state leaders and other stakeholders to also take action. Q2 results also include a positive effect of SEK 1.0 billion from the establishment of Coretura, our new joint venture with Daimler Truck that is aimed at delivering a new software-defined vehicle platform and establishing a new industry standard.Demand in North America has been weak in the wake of uncertainty surrounding both tariffs and the EPA 2027 emissions regulations, and we are in the process of reducing production capacity there to adapt to the lower demand. In Q2, net sales in our truck business declined by 7% to SEK 81.7 billion adjusted for currency, with sales of vehicles decreasing by 9% and sales of services increasing by 2%. The adjusted operating margin was impacted by the lower volumes and amounted to 10.3% (13.9).
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