Volvo Cars signs zero emission road transport declaration at COP26, reveals groundbreaking internal carbon pricing mechanism. Volvo Cars chief executive Håkan Samuelsson will today join industry and government leaders to sign the Glasgow Declaration on Zero Emission Cars and Vans at the UN climate change conference COP26. Simultaneously, to further accelerate its carbon footprint
Drivers of the fully electric Volvo XC40 Recharge can soon optimize the driving range of their car even further, thanks to a new Range Assistant in-car app that is released in a beta version as part of the latest over-the-air software update for Volvo cars with an infotainment system powered by Android Automotive OS. With
Volvo Cars today started production of the C40 Recharge, its latest fully electric model, at its manufacturing plant in Ghent, Belgium. The C40 Recharge is Volvo Cars’ second fully electric car and is the latest in a series of new pure electric cars to be launched in the coming years. By 2030, Volvo Cars
Volvo Cars’ affiliate Polestar to be listed in planned combination with Gores Guggenheim, implying an enterprise value of approximately U.S. $20bn for the combined company. Volvo Cars, the largest shareholder in premium electric vehicle company Polestar, today welcomes the plans announced by Polestar to list on the Nasdaq stock exchange in New York. The planned
Volvo Cars have appointed Olivia Ross-Wilson as head of communications, effective December 2021. She joins Volvo Cars from Ingka Group, the biggest of the twelve franchisees that operate IKEA stores, where she has led communications since 2016. With more than 20 years of experience working with communication and positioning for consumer-facing brands, Olivia Ross-Wilson
Volvo Cars today reported the best half-year results in terms of sales and operating profit in its 94-year history amid increasing demand for its cars across all regions. The half-year financial report, which can be found here, showed the company achieved a revenue of 141 billion SEK, up 26 per cent, driven by strong
Volvo Cars have signed an agreement with its parent Geely Holding to acquire Geely Holding’s stake in the companies’ joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales operations in the country. The acquisition of an additional 50 percent of the shares in Daqing Volvo
When Volvo launched its latest platform, called Scalable Product Architecture, with the current XC90 SUV back in 2014, it made everything else in Volvo’s lineup feel instantly out of date. Volvo's S60, its compact sedan, was the last in line to get the upgrade, but now its time has come. With the new platform comes
Volvo Group‘s subsidiary Volvo Group Venture Capital announced investment in U.S.-based wireless charging specialist Momentum Dynamics. Volvo didn’t disclose details of the transaction, besides the fact that it “has no significant impact on the Volvo Group’s earnings or financial position”, so we assume it’s just minority stake – important cash injection for Momentum Dynamics and
Volvo company is trying to find a solution to boost V40 sales. The Volvo V40 - small hatchback will likely step aside for a revamped model with slightly more ground clearance. But the evolution goes beyond the current hatchback to something more in tune with a coupe-shaped crossover, though Volvo is reportedly stopping short of
