The Latest Breaking News from Volvo Cars

Polestar says it will use the $890 million raised from the deal to fund its three-year plan to expand the product lineup and eventually become profitable.

Last month, Volvo sold 15,445 plug-ins globally, which is only 1.7% more than a year ago, while the share of Volvo Recharge cars in the total volume amounted to 33.6%.

In Q1, Volvo sold globally almost 50,000 plug-in cars (49,774 to be precise), which is 7% more than a year ago.

Tesla's new style of casting - "megacasting" - appears to be catching on. Volvo is one of the multiple brands that will use the technique to produce EVs.

Ford Motor Co (NYSE: F) and China’s Geely Automobile-owned Volvo Cars (OTC: VLVLY) have partnered with Tesla Inc (NASDAQ: TSLA) co-

Volvo announced a 10 billion SEK investment in the Torslanda plant in Sweden - in preparation for the production of next-gen electric cars.

Volvo Cars and Northvolt have officially revealed that their joint battery manufacturing plant will be built in Gothenburg, Sweden.

Volvo Cars (Thailand) Co has set a sales target of 20%-30% growth in 2022, all driven by sales in the battery electric vehicle (BEV) segment as domestic and global demand for environmentally friendly cars continues to rise.