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$32.40
-0.95 (-2.85%)
At Close: Jun 23, 2026
Volvo Cars cuts margin and revenue aims after ditching electric vehicle target
08:25am, Thursday, 05'th Sep 2024
Swedish automaker Volvo Cars on Thursday trimmed its 2026 margin target and adjusted its revenue goals amid complexity in "global trade and tariffs." Volvo Cars shares were 3.2% higher in early aftern
Volvo Cars lowers profit margin target
02:02am, Thursday, 05'th Sep 2024
Swedish automaker Volvo Cars on Thursday lowered its adjusted profitability target for 2026 and said it aims to continue outgrowing the premium car market until that year, dropping a previous sales ta
Volvo Cars looks to Nvidia-powered software, 'megacastings' for future EVs
01:03am, Thursday, 05'th Sep 2024
Volvo Cars will use a single software system backed by powerful chips from Nvidia for all future models and will rely on "megacastings" to cut costs for electric cars, the company said on Thursday.
Volvo reverses goal to make only EVs in 2030
03:27pm, Wednesday, 04'th Sep 2024
Volvo announced that it's moving away from its goal of making only electric vehicles by 2030 and is now aiming for 90% to 100% of its vehicles to be fully electric EVs plus hybrids.
Volvo abandons EV target in face of sales slump
10:53am, Wednesday, 04'th Sep 2024
Volvo has abandoned to plans to make only electric-powered vehicles by 2030, with 10% ‘mild hybrids' or petrol-powered cars now part of its schedule. The Swedish icon, which is owned by Chinese grou
Sweden's Volvo Cars scraps plan to only sell electric vehicles by 2030
10:01am, Wednesday, 04'th Sep 2024
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 deman
Volvo backtracks from plan to sell only electric vehicles by end of the decade
09:38am, Wednesday, 04'th Sep 2024
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 revamps SUV hybrid as it shifts plans away from pure electric
09:23am, Wednesday, 04'th Sep 2024
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 vehicl
Volvo Cars scales back electric vehicle ambition
08:12am, Wednesday, 04'th Sep 2024
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
Volvo Cars to deliver first EX90 SUVs this month after delay
01:20am, Wednesday, 04'th Sep 2024
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 launches game-changing electric truck with 600km range
03:45am, Tuesday, 03'rd Sep 2024
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 transp
Volvo Trucks to launch electric truck with 600 km range
02:02am, Tuesday, 03'rd Sep 2024
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.
Nvidia Powers Volvo's Electrical Architecture, A Big Growth Category For The Chipmaker
06:29pm, Monday, 26'th Aug 2024
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
Volvo picks Monterrey for $700 mln Mexico truck plant
07:42am, Friday, 23'rd Aug 2024
Sweden's AB Volvo has picked Monterrey in northern Mexico as the site for its new North American heavy-duty truck factory and expects construction to cost $700 million, it said on Friday.
Volvo wins order for 300 electric trucks from DSV
04:08am, Thursday, 22'nd Aug 2024
Sweden's AB Volvo said on Thursday it had received an order for 300 electric trucks from Danish logistics firm DSV.
