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Volvo Cars sees stronger second half despite steep China decline, rising costs

Volvo Cars anticipates improved profitability in the second half of the year. Rising raw material costs and a severe China slowdown are impacting current operations. The Swedish automaker experienced a significant sales drop in the Chinese market. This downturn has squeezed operating profit margins considerably for the company. Volvo is…

The Economic Times

Volvo’s EX60 Defies Expectations With 40,000 Units Scheduled For Production

The EX60 is now officially in production, but its success has prompted Volvo to do something it has never done before.

InsideEVs

Volvo promises more plug-in hybrids while its XC60 lives on

The best-selling Volvo XC60 SUV will stay in the brand’s lineup as a ‘bridge solution’, despite the recent all-electric EX60 launch

The Independent UK

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‘Good luck, the rest of you’: Volvo taunts Ford and Volkswagen and says it's overcome 'painful' software issues with new EX60

Volvo unveils the upcoming EX60 electric SUV, which it claims is a game changer. But it still has a huge task on its hands to make customers forget about the EX90 software debacle.

TechRadar

Despite Early EV Promises, Volvo Will Keep Gas Engines for a Lot Longer

In the first half of this decade, there was a race to set a cutoff date for the ol’ combustion engine. Volvo claimed an early lead, announcing in early 2021 that it would go fully electric by the end of the decade. But like many other automakers, it has since…

Motor1

‘Sorry To Customers Who Lost Trust’: Inside Volvo’s Scramble To Fix Its Software

After the disastrous launch of the EX90, Volvo says a heavily upgraded software stack can finally iron out all the problems.

InsideEVs

As The Tax Credit Ends, EVs Are Still Getting Better And Cheaper

Today on Critical Materials: The EV tax credit is ending, China's door handle rules make sense and BMW says sedans are

InsideEVs

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'The Second Generation Of Hybrids:' Volvo Will Build EREVs In America

Amid spiraling global sales and software struggles, Volvo is planning a major overhaul to its electric vehicle plans.

InsideEVs

‘Fundamentally Wrong’: The Growing Controversy Over Europe’s Gas-Car Ban, Explained

Europe's automakers unveiled a big electric push at IAA Munich. Behind the scenes, many are fighting to save gas and diesel engines ahead of a 2035 EU ban.

InsideEVs

Volvo Boss Thinks All New Cars Will Be Electric by 2035: 'There's No Turning Back'

It was more than four years ago when Volvo announced it would go fully electric by the end of the decade. But reality soon set in, showing that the rise of EVs wasn’t unfolding as quickly as the Geely-owned company had hoped. The Swedes have since abandoned their EV-only pledge…

Motor1

Volvo Sales Are Spiraling

After posting a $1 billion operating loss in the second quarter, Volvo just had its fifth and biggest consecutive sales drop in July.

InsideEVs

How America's Heel Turn From EVs Could Hurt Canada Too

As U.S. manufacturers slow down on EVs, it could lead to real issues of consumer choice for Canadian drivers. Also, Chinese brands pick up steam in Europe.

InsideEVs

A New Volvo XC90 Plug-In Hybrid With More Electric Range Is In The Works

Volvo’s flagship SUV is getting a bit long in the tooth, so a new generation is in order, according to the company’s boss.

InsideEVs

Volkswagen's New Electric Plan Just Hit A Crucial Milestone

Today on Critical Materials: VW readies its next-gen EV underpinnings, Volvo slashes 3,000 jobs, and BYD cuts prices for the wrong reasons.

InsideEVs

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InsideEVs

One Of The Most Exciting New Affordable EVs May Get Derailed Soon

Even relocating production from China to Belgium won't save the EX30. New tariffs make it impossible to offer at the price Volvo originally floated.

Motor1

Volvo CEO: Customers Must Pay Tariff Costs, Not Us

Volvo builds the S60 and the EX90 in the United States. But the company has to import the rest of its lineup from overseas. That could be a problem, as President Donald Trump has placed a 25-percent tariff on imported vehicles, and threatened today to implement a straight 50 percent duty on all…

InsideEVs

Volvo Wants To Build A Plug-In Hybrid In The U.S.

Volvo is in cost-cutting mode after a disappointing first quarter. But slashing almost $2 billion in spending alone isn't going to put it on the right track, so the Swedish automaker is scrambling to reorganize the way it builds and ships cars around the world.

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