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Volvo Cars

  • Wednesday, 30 October, 2024
    Electric vehicles
    Volvo moves to buy out Northvolt from Gothenburg battery project

    Chinese-owned Swedish carmaker is reviewing options for a potential partnership

    A person in hi-vis clothing holds a mock-up of a Northvolt battery
  • Wednesday, 23 October, 2024
    Volvo Cars says it will not support Northvolt as it slashes sales guidance

    Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets

    Aerial view of Volvo cars parked at a port in Nanjing, eastern China
  • Monday, 23 September, 2024
    News in-depthElectric vehicles
    ‘Mobile phone on wheels’: Toyota and VW fall further behind in the software race

    Legacy carmakers have struggled to keep pace as the focus has turned from the engine to computing power

    Montage of various electric vehicles and their brand logos
  • Wednesday, 4 September, 2024
    Electric vehicles
    Volvo Cars ditches pledge to sell only electric cars by 2030

    Demand for battery-powered vehicles has decreased globally over concerns about cost and charging infrastructure

    A Volvo electric car being charged
  • Monday, 11 March, 2024
    News in-depthGeely Automobile Holdings Co Ltd
    Geely’s funding hopes clouded by Lotus share price collapse

    Sustained fall would raise questions over future ability of ambitious Chinese automaker to tap public markets

    Geely founder Li Shufu, known internationally as Eric Li
  • Thursday, 1 February, 2024
    LexElectric vehicles
    EU carmakers’ strategic U-turns point them in the right direction Premium content

    The wheels have not come off the electric vehicle market entirely

    A Polestar 2 electric car
  • Thursday, 1 February, 2024
    Volvo Cars to stop funding Polestar electric sports car business

    Swedish carmaker looking to sell stake in spun-out group to its Chinese parent Geely

    A man takes a closer look at a Polestar 2 car
  • Monday, 1 January, 2024
    Lex
    Volvo: investors fear carmaker’s strategy lacks juice Premium content

    Group’s cheap valuation will only suit the most patient investor

    A polestar car on a road
  • Friday, 17 November, 2023
    Volvo shares sink after Geely cuts stake

    Chinese group says commitment to Swedish carmaker remains ‘steadfast’

    Volvo logo
  • Monday, 6 November, 2023
    Volvo Cars exploring investment into US expansion

    Swedish brand eyes President Joe Biden’s green subsidies as it prepares to buy EV batteries from European start-up Northvolt

    Jim Rowan, chief executive officer of Volvo Cars
  • Thursday, 9 February, 2023
    Volvo Cars’ electric sales triple despite rising costs

    Swedish brand sees ‘no need’ to follow Tesla in reducing prices

    People surround Volvo’s electric SUV, the EX90
  • Thursday, 27 October, 2022
    Volvo blames China lockdowns for car volumes downgrade

    Closures have affected the supply of parts to plants in Europe

    A worker maintaining equipment at a factory that produces engines for Volvo Cars, in Hebei province, China in February 2022
  • Wednesday, 21 September, 2022
    Volvo plans to install laser sensors on all new cars to increase safety

    First model to contain lidar will be electric SUV

    A demonstration of imaging created by a lidar
  • Friday, 1 July, 2022
    Volvo to open dedicated electric car plant in Slovakia

    Swedish carmaker opens first new factory in Europe in 60 years as it steps up shift to battery power

    A charging port of a Volvo C40 electric car
  • Thursday, 28 April, 2022
    Automobiles
    Volvo looks beyond China for car parts as lockdowns spread

    Auto manufacturer starts to double source components to try to limit disruption from Covid-19 restrictions

    A Polestar electric car
  • Tuesday, 26 April, 2022
    Automobiles
    Volvo takes stake in Carwow to help boost digital sales

    Carmaker aims for half of sales to be online by 2025

    The charging port of a Volvo C40 electric vehicle
  • Tuesday, 4 January, 2022
    Volvo Cars picks former Dyson boss as new chief executive

    Jim Rowan will replace Hakan Samuelsson who has been in charge for nearly a decade

    Jim Rowan
  • Monday, 13 December, 2021
    Volvo Cars and Northvolt seek to take $3bn battery venture to US and Asia

    Swedish carmaker and start-up partner widen ambitions as they hope to gain head-start on rivals

    A Northvolt facility in Sweden
  • Saturday, 13 November, 2021
    Climate change
    Car industry divided on road to zero emissions after climate deal snubbed

    VW, Toyota and Stellantis among manufacturers wary of committing to targets outside their control

    A VW assembly line in Zwickau, Germany
  • Friday, 29 October, 2021
    Volvo shares jump more than a fifth on IPO

    Offer priced at lower end of range as carmaker points to investor ‘dilemma’ over valuations

    Volvo will raise SKr20bn ($2.4bn), which could climb to SKr23bn if an overallotment option is exercised in full
  • Tuesday, 26 October, 2021
    Lex
    Volvo Car: hot electric ambitions meet Nordic cold front Premium content

    Investors give icy reception to mooted plans from owner Geely for a $30bn IPO valuation

    People look at a Volvo XC40 car during the Auto China show, in Beijing in September
  • Monday, 25 October, 2021
    Volvo Cars scales back IPO after investors balk at control by Chinese owner Geely

    Listing now priced at bottom of suggested range and delayed by a day

    Employees work on the production line at Volvo’s plant in Gothenburg, Sweden
  • Friday, 22 October, 2021
    Geely loosens grip on Volvo Cars days before $23bn IPO

    Swedish investors had voiced concern that the carmaker’s Chinese owner was not reducing its voting rights

  • Monday, 18 October, 2021
    Volvo to list shares next week targeting $23bn valuation

    Chinese-owned Swedish carmaker earmarks most of IPO proceeds for push to only sell electric vehicles by end of decade

    A Volvo XC40 Recharge electric SUV on show at a dealership in Stockholm, Sweden
  • Monday, 4 October, 2021
    Lex
    Volvo Cars: IPO will get investors’ pulses racing Premium content

    Carmaker has gained head start with its electric ambitions and decision to list EV brand Polestar

    Workers on a Volvo Cars production line in Sweden
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