Core Viewpoint - Volvo Cars has recorded a one-time non-cash impairment charge of 11.4 billion Swedish Krona (approximately 1.2 billion USD) in the second quarter due to delays in certain electric vehicle models and rising tariff costs [1] Financial Impact - The impairment charge will negatively impact the net profit for the quarter by 9 billion Swedish Krona [1] - The affected electric vehicle models include the EX90 SUV and the ES90 sedan, which have been impacted by U.S. tariffs and delays in research and development [1]