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09.07.25 - 01:00
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Volvo cuts jobs in China as EV ambitions stall and global restructuring accelerates (Digitimes)
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Volvo Cars has begun laying off staff in its China operations, with the majority of the cuts affecting its Shanghai-based technical and research and development center, according to employees familiar with the matter. The affected departments include engineering, research and development, and supply chain management. Employees have reportedly been offered severance packages equivalent to three months' salary plus one month for each year of service (N+3)....
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03.07.25 - 14:36
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Volvo baut den Polestar 7 in der Slowakei (Electrive)
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Polestar hat eine Absichtserklärung mit Volvo Cars unterzeichnet, wonach der Polestar 7 in Košice in der Slowakei produziert werden soll. Die Markteinführung des Kompakt-SUV ist für das Jahr 2028 vorgesehen....
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03.07.25 - 11:01
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Volvo Cars plans to build Polestar 7 at Kosice, Slovakia plant (Cision)
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Volvo Cars and Polestar have signed a memorandum of understanding* for the development and production of Polestar's forthcoming premium compact SUV at Volvo Cars' new manufacturing plant in Kosice, Slovakia.
The Polestar 7, a premium fully electric compact SUV, is planned to be launched in 2028. Subject to final agreements between the companies, it is planned to be the second car to be built at the Kosice plant and intended to follow a yet-to-be-announced, next-generation Volvo model that will be built there prior to the introduction of Polestar 7.
The Polestar 7 will offer the design and...
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03.07.25 - 10:01
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Invitation to Volvo Cars′ presentation of the second quarter 2025 result (Cision)
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Volvo Cars will publish its second quarter 2025 financial results on Thursday, 17 July 2025 at 07:00 CEST.
At 08:00 CEST, President & CEO Håkan Samuelsson and CFO Fredrik Hansson will host a livestream for media, investors and analysts. The presentation will be held in English and followed by a Q&A session.
We look forward to your participation. See below for detailed information:
08:00 CEST Presentation for media, investors and analysts
Link to the event (https://www.volvocars.com/intl/news/articles/volvo-cars-presentation-of-the-second-quarter-report-2025/)
It...
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03.07.25 - 09:45
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Polestar 7 wird ab 2028 in Slowakei gebaut (Elektroauto-News)
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Ab 2028 soll der Polestar 7 in der Slowakei gebaut werden – als Kompakt-SUV auf Volvo-Basis, aber mit eigenem Design und sportlichem Fahrgefühl.
Der Beitrag Polestar 7 wird ab 2028 in Slowakei gebaut erschien zuerst auf Elektroauto-News.net....
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02.07.25 - 09:01
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Volvo Cars reports June sales (Cision)
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Volvo Cars reported global sales of 62,858 cars in June, down 12 per cent compared to the same period last year. The total sales for the period of January through June amounted to 353,780 cars globally, a decrease of 9 per cent compared to the same period 2024.
The company's share of fully electric cars constituted 22 per cent of all cars sold for the month. The sales of electrified models – fully electric and plug-in hybrid models – decreased 19 per cent compared to the same period last year and accounted for 44 per cent of all cars sold during June.
In Europe, sales...
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30.06.25 - 17:01
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AFRY signs a strategic framework agreement with Volvo Cars (Cision)
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AFRY has entered into a framework agreement with Volvo Cars as strategic supplier in engineering. Effective immediately, the agreement spans until 2026 and outlines AFRY's role in delivering product development across all areas of Volvo Cars' operations.
The framework agreement means that AFRY contributes technical services to Volvo Cars' innovative development projects, where AFRY provides competence in mechanics, design, embedded systems, software, technical documentation, and calculations. This work covers the entire vehicle fleet and supports Volvo Cars' ambitious goals in creating...
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26.06.25 - 18:36
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Changes in Volvo Cars′ Nomination Committee (Cision)
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Volvo Cars' Nomination Committee has convened after Geely Sweden Holdings AB announced that it has appointed Lone Fønss Schrøder and Per Ansgar as its new representatives in Volvo Cars' Nomination Committee, replacing Thomas Johnstone and Yimin Chen, who have resigned.
In line with the principles adopted by Volvo Cars' Annual General Meeting and based on the shareholder information as of 30 August 2024 the Nomination Committee now consists of the following members:
· Lone Fønss Schrøder, appointed by Geely Sweden Holdings AB (new)
· Per Ansgar, appointed by Geely Sweden...
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23.06.25 - 13:01
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Repurchase of shares in Volvo Car AB (publ) during the period 16 June – 19 June 2025 (Cision)
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Volvo Car AB (publ) (LEI code: 5299000EAMGGBEYP7J33) (“Volvo Cars”) has during the period 16 June – 19 June 2025 repurchased a total of 2,468,165 own shares of series B (ISIN code: SE0021628898) as part of the repurchases resolved by the Board of Directors in order to secure the future delivery of shares to participants in Volvo Cars' Performance Share Plans adopted by the Annual General Meeting in 2023, 2024 and 2025 and Employee Share Matching Plans adopted by the Annual General Meeting in 2024. The repurchases initiated on 20 May 2025 are hereby completed as a total of 12,500,000 series...
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18.06.25 - 15:18
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Research project VERDAS completed – Terranet part of the work for safer traffic (GlobeNewswire EN)
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After a year, the research project VERDAS has now been completed – a collaboration led by AstaZero, a subsidiary of RISE, and carried out together with Terranet, If Insurance, Folksam, the Swedish Transport Administration, Volvo Cars, Toyota, Zenseact, Aptiv, and Viscando. The project was funded by Vinnova, Sweden's innovation agency, and aimed to develop new physical and virtual verification methods for more robust driver assistance systems (ADAS), with a particular focus on accident scenarios involving vulnerable road users....
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