Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast-growing demand for its Recharge line-up of chargeable cars. The capacity increase comes as Volvo Cars also reports its full-year sales results for 2020, which showed a strong growth in demand for the company’s Recharge models. …
Volvo Cars reported the strongest second-half sales numbers in the company’s history in 2020, as fast-growing demand for its electrified cars boosted the company’s recovery from the COVID-19 pandemic impact. The company acted decisively to mitigate the impact of the pandemic during the first half of the year, allowing it to quickly restart its operations …
Read more “Volvo Cars reports strongest second-half sales in company history on pandemic recovery”
A vast offer of high-quality apps, easier and more convenient ownership, and even safer cars: these are among the ambitions that Volvo Cars wants to achieve with its newly launched Innovation Portal. The portal makes a broad variety of resources and tools available for free, allowing external developers to create new innovative services and in-car …
Read more “New Volvo Cars Innovation Portal allows outside developers to help create better cars”
Volvo Cars ill assemble electric motors at its powertrain plant in Skövde, Sweden, and plans to establish complete in-house e-motor production by mid-decade. It will invest 700 million SEK to this end in coming years. The company is committed to becoming a premium electric car company and aims for its global sales to consist of …
Read more “Volvo Cars to produce electric motors in Skövde, Sweden”
Volvo Cars engineers call it “the ultimate driving simulator”, but it is not just an excuse for them to indulge their inner basement gamer. Instead, the Swedish company’s ground-breaking mixed-reality simulator is used to make new strides in safety and autonomous driving technology. A setup with a moving driving seat, a steering wheel with haptic …
In October 2019, the President and CEO of Volvo Car Group, Håkan Samuelsson announced a game changing business strategy that includes introducing an all-electric car every year over the next five years. By 2025, Volvo’s aim is that all-electric vehicles will represent 50% of global sales with the rest composed of hybrids. This would total …
Read more “Electrification is the way of the future with Volvo”
The 2020 Volvo S60 mid-size vehicle is all about equilibrium and stability; from the body to the cabin to the driving dynamics. Indisputably, it’s striking to look at, svelte inside, and smartly priced and packaged. With the unveiling of this latest model, Volvo has moved its S60 sedan to a new platform for its third …
At Volvo Cars, diversity and inclusion are an essential part of the company culture. These values are shared across the company and inform everything it does. Volvo Cars’ success is built on the strength and insights gained from different backgrounds, perspectives and experiences. That mindset also permeates the company’s approach to safety and is an …
Read more “Why Volvo Cars are Safe for Everybody, female or male”
Volvo Cars has now formally opened order books for the XC40 Recharge P8 AWD, the company’s first fully electric car based on the best-selling SUV, in selected markets. Tens of thousands of consumers have shown keen interest in the all-electric XC40 and the company already received several thousands of firm orders even before the formal …
Read more “Strong early consumer demand for fully electric Volvo XC40 Recharge P8 AWD”
Volvo Cars has set a new, sixth consecutive global sales record in 2019, breaking the 700,000 cars sold mark for the first time in its 93-year history. The company recorded sales of 705,452 cars in 2019, an increase of 9.8 per cent compared to 2018, solidly outgrowing the overall market across all regions. The new …
Read more “SUV success drives Volvo Cars to sixth straight sales record and beyond 700,000 cars”