Volvo
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Volvo Cars to postpone the U.S. deliveries of its EX30 electric vehicle
Jun 27, 2024Volvo Cars will postpone the U.S. deliveries of its EX30 electric vehicle as it focuses on expanding production of the compact SUV outside China in the wake of tariff hikes on exports from the country, a... -
Volvo to stop funding Polestar Automotive Holding
Feb 2, 2024Volvo Cars said on Thursday it would stop funding Polestar Automotive Holding and was handing responsibility for the struggling luxury car brand over to Volvo’s top shareholder China’s Geely Holding.The announcement sent the Swedish automaker’s stock... -
Volvo Cars to partner with Starbucks Corp to create a public EV charging network
Mar 16, 2022Volvo Cars U.S. said on Tuesday it was partnering with coffee giant Starbucks Corp to create a public electric vehicle (EV) charging network that is set to begin this summer. The Swedish automaker maker said that... -
Volvo is valued at more than $22bn after its shares jumped in the first hours of trading of its market debut
Oct 31, 2021Swedish car company Volvo is now valued at more than $22bn (£16bn) after its shares jumped in the first hours of trading of its market debut. Volvo, majority-owned by Chinese firm Geely, offered up shares in... -
Polestar recalls all new Polestar 2 cars due to a software glitch
Oct 3, 2020Electric vehicle maker Polestar, owned by Volvo Cars and its parent China’s Geely, is recalling all new Polestar 2 cars due to a software glitch, business daily Dagens Industri (DI) said on Friday. The recall of... -
Volvo is cutting several hundred jobs, Swedish radio reports
May 10, 2019Swedish carmaker Volvo, which is owned by China’s Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources. The carmaker, whose number of employees has more than doubled over the past decade to... -
Nvidia Corp to supply AI computer for Volvo’s upcoming vehicles
Oct 10, 2018Graphics chipmaker Nvidia Corp said on Wednesday that Swedish automaker Volvo would begin using its artificial intelligence computer to deliver low-level autonomous features in all its next-generation vehicles. The deal, announced during a developers’ conference in... -
Volvo Cars asked the Trump administration to exempt it’s XC60 SUV from new 25 percent tariffs
Sep 16, 2018Volvo Cars asked the Trump administration to exempt the company’s Chinese-made mid-size XC60 SUV from new 25 percent tariffs, the latest automaker to seek relief from new levies on imports from China. The automaker confirmed on... -
Volvo Cars and Polestar launch new Polestar Engineered electrified performance offer
Jun 13, 2018Volvo Cars, the premium car maker, is launching a new upgraded electrified performance offer called Polestar Engineered, specifically developed for its new 60 Series T8 Twin Engine plug-in hybrid cars. The announcement comes one week before... -
Volvo unveiled it’s first Polestar model
Oct 17, 2017News Hour: Volvo Cars and its Chinese parent unveiled their first Polestar model and plan to invest 5 billion yuan ($760 million) in the electric vehicle brand, gearing up for intense competition to sell green cars...
