Automakers hope for a cut as two-way EV charging becomes real

Bidirectional chargers are also more expensive than conventional ones because for now they are produ...

Volvo Cars net profit falls but says demand strong

"We expect demand for our cars to remain robust in coming quarters in line with our guidance of full...

Volvo Cars April sales rise on strong EV demand

In the United States, total sales rose 10%, primarily driven by an 89% increase in plug-in hybrid ca...

Volvo Cars reports surge in sales driven by Electric Vehicles

Volvo Cars is aiming for them to represent half of its total sales volume by the mid-decade and ulti...

Volvo to launch only EVs in India, plans one new car every year

Martin Persson, head of Volvo Cars for the Asia Pacific (except China) regionSwedish luxury carmaker...

Volvo Cars' June sales rise on fully electric model boost

Volvo Cars' total sales for the first half of this year rose 14% from 2023 to 388,073 cars globally....

Volvo Cars blames EU tariffs as it cuts 2024 sales forecast

Volvo is majority-owned by China's Geely and faces a 19.9% tariff on its Chinese-made fully-electric...

Volvo Cars' July sales rise 6% driven by European EVs

Shares in the company fell 0.7% by 0724 GMT, outperforming Stockholm's benchmark stock market index ...

Swedish EV maker Polestar appoints Michael Lohscheller as CEO

Michael LohschellerPolestar said on Wednesday it will replace current CEO Thomas Ingenlath with a fo...

EV maker Polestar taps industry veteran as CEO to shake-up faltering business

Polestar to appoint new CEO.Polestar will replace long-serving CEO Thomas Ingenlath with a former bo...

Volvo Cars abandons 2030 EV-only target

Volvo Cars scrapped its target of going all electric by 2030. Swedish automaker Volvo Cars scrapped ...

Volvo Cars lowers 2026 margin target

Volvo Cars expects to outgrow the premium car market until 2026.Swedish automaker Volvo Cars expects...

Volvo Cars looks to Nvidia-powered software, 'megacastings' for future EVs

Volvo Cars to use a single software system backed by powerful chips from Nvidia. Volvo Cars will use...

Toyota cuts 2026 global EV output plans by a third

Japan's Toyota Motor has slashed its electric vehicle production plans for 2026 by a third. Japan's ...

New US rule would require GM, Ford to halt imports of cars they build in China, says official

General Motors and Ford may need to halt importing vehicles from China.General Motors and Ford Motor...

Volvo Cars reports slight sales increase amid market uncertainty

Volvo Cars' sales rose by 1% year-on-year in September to 62,458 cars, the Sweden-based automaker sa...