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Volvo Cars Announces Management Reshuffle Amid Market Challenges
Volvo Cars confirms the departure of deputy CEO Björn Annwall as part of a strategic management restructuring in response to evolving market conditions and electrification challenges.
Polestar Schedules AGM Date and Announces Board Changes
Polestar will hold its AGM on 7 October 2024, with board changes including new directors and a shift in Volvo Cars' representation on the board.
Volvo Cars Implements RemotiveLabs Tool for Integration Testing
Volvo Cars utilises RemotiveLabs' technology for early integration testing, enabling effective development processes and reducing reliance on hardware resources.
European Automakers Adjust EV Strategies Amid Market Challenges
European car manufacturers are revising electric vehicle targets due to infrastructure delays, evolving market conditions, and shifting consumer preferences, while aiming to maintain profitability.
Volvo Cars Adjusts Margin and Revenue Aims Amid EV Strategy Shift
Volvo Cars revises its 2026 margin and revenue targets, abandoning its 2030 all-electric vehicle sales goal due to complex global trade conditions.
Volvo Cars Adjusts Electrification Strategy for 2030 Goals
Volvo Cars revises its electrification strategy, targeting 90-100% electrified sales by 2030, amidst changing market conditions and challenges in EV infrastructure.
Volvo Cars Revises EV Sales Strategy for 2030
Volvo Cars shifts its 2030 target to 90-100% electric and plug-in hybrid sales, reflecting changing market demands and a more flexible approach amidst industry challenges.
Volvo Cars Reports Record Core Operating Profit, Shares Surge 7%
Volvo Cars reported a record core operating profit of 8.2 billion Swedish kronor in the second quarter, driving shares up by 7%. Global sales increased by 15% driven by hybrid and electric vehicles.
Luminar Achieves Global Start of Production for Volvo Cars
Luminar, a leading automotive technology company, achieves production milestone for Volvo Cars with its advanced LiDAR technology, positioning itself as a key player in enhanced safety and autonomous driving solutions.
Volvo Cars Partners with Breathe Battery Technologies to Enhance Fast Charging Capabilities
Volvo Cars partners with UK's Breathe to integrate Breathe Charge software in EVs, reducing charging times by 15% to 30% and enhancing battery health. Focus on efficient electric mobility solutions and sustainability.
Gothenburg Launches Mobility Innovation Hub
Gothenburg, Sweden, in collaboration with Volvo Cars and real estate companies, is launching 'Mobility Innovation Destination Torslanda' to promote sustainable transport. The project aims to create a future-focused mobility ecosystem, connecting with existing nodes and strengthening the region's innovation ecosystem.
Volvo to Construct Mobility Innovation Centre in Torslanda
Volvo Cars is establishing a Mobility Innovation Destination Torslanda near its headquarters in Gothenburg to focus on wireless and bidirectional charging for electric cars and autonomous driving. The facility, set to open in 2026, aims to foster collaboration and innovation with start-ups and business partners, with a strong emphasis on sustainability.
