Volvo B Stock News

Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be "pragmatic and flexible" amid changing market conditions and cooling demand. The Geely-owned carmaker said that by 2030 it now aims for between 90% to 100% of its cars sold to be fully electric or plug-in hybrid models, while up to 10% will allow for a limited number of ...

Volvo Cars said concerns about tariffs, the withdrawal of government incentives, and a lack of charging infrastructure had led to it weakening ambitions it first set out in 2021

Volvo Cars said on Wednesday that plug-in hybrids would continue to be a critical part of its profit growth plans over the next few years and that it would revamp its XC90 hybrid sports utility vehicle (SUV).

Swedish automaker Volvo Cars said on Wednesday it had abandoned is ambition of selling only fully electric cars in 2030, and would instead allow plug-in vehicles as well as some hybrid engine cars as part of its lineup.

Automaker Volvo Cars said on Wednesday it will deliver its EX90 SUV to the first customers before the end of this month after it had experienced extensive delays.

Volvo has announced the upcoming launch of a new electric truck capable of covering 600 kilometres (373 miles) on a single charge designed to meet the growing demand for zero-emission freight transport. Expected to be a game-changer in the logistics industry, it offers a sustainable alternative to traditional diesel-powered units while maintaining efficiency over long distances.

Sweden's Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 miles) on a single charge, its truckmaking arm said on Tuesday.

The "software-defined car" trend is revolutionizing the auto industry, with Volvo's EX90 SUV exemplifying the shift towards vehicles packed with digital technology. Nvidia's powerful chips are crucial for AI and automotive advancements, with significant revenue growth driven by high demand for their supercomputing capabilities. Despite export restrictions to China, Nvidia's automotive business ...