Sweden’s Polestar, the electric automaker controlled by Volvo Cars, and its parent, Geely, has raised $550 million in external funding, according to the company. The
Category: Volvo
Zhejiang Geely Holding said on Wednesday its unit Volvo Cars would explore capital market options such as a potential initial public offering (IPO) and stock
Volvo Cars will temporarily stop or adjust production in China and the United States for some days in March due to a global shortage of
Volvo Cars’ worldwide sales performance continued to remain strong in February after the automaker posted 29.1 per cent growth for the first two months of
Volvo Cars will get rid of all car models with internal combustion engines by 2030, including hybrids. The automaker is also preparing to invest heavily
China’s Zhejiang Geely Holding, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings to
Automaker Volvo Cars said on Thursday its sales increased 6% in December, marking a continued sharp recovery from the lows previously this year in the
Volvo Cars’ global sales continued to increase in November, with volumes boosting 6.4 percent compared with the same period in 2019. The sales boost was
Volvo Cars expects to hit its forecast of approximately flat sales year-on-year in the second half of this year even as a recent increase in
The automaker has launched a new XC40 Recharge Plug-in Hybrid T4, a second plug-in hybrid petrol-electric version of the premium compact SUV. Volvo’s progressive and
Chinese automaker Geely prepares to use a platform developed with input from Volvo Cars for creating new models in Malaysia for its partly owned Proton
Volvo Cars stated on Wednesday it was recalling almost 2.2 million cars constructed between 2006 and 2019 over a potential issue with cables attached to
Volvo Cars, owned by China’s Geely Holding, stated on Wednesday it sold 40% more cars in May compared to April, as restrictions to control the
Volvo Cars USA reports 9,519 cars sold in May 2020, making it a strong month-over-month result, dropping only 2.5 percent. Overall year-to-date sales declined 18.2
Polestar, the electric performance brand spun out of Volvo Cars, stated the base price of its first all-electric vehicle is going to be $59,900 in the United
