Volvo Group and Samsung SDI have entered a new strategic alliance that focuses on the development and supply of batteries for Volvo’s electric trucks.
Volvo Stories July 18
Volvo Stories May 15
Volvo, both through Polestar and its own brand, plans to bring several new all-electric vehicles to market and in order to do that, it needs significant battery supply.
The automaker now says that it has secured ‘multi-billion dollar battery supply deals’ with CATL and LG Chem. expand full story
Volvo Stories May 3
Electric car maker Polestar will qualify for the $7,500 federal tax credit, and the company says it will do so separately from parent company Volvo. This would ensure both Polestar and Volvo could both sell 200,000 EVs before the credit begins to phase out. Let’s see how this works…
Volvo Stories April 1
Volvo’s all-electric XC40 compact SUV will debut later this year, and should be on the road by 2020, according to a new report.
Volvo Stories January 18
The Volvo Group announced that it is investing in Momentum Dynamics, “a Philadelphia-based company developing and commercializing high power inductive charging for the automotive and transportation industries, especially suitable for commercial electric, autonomous and connected vehicles.” expand full story
Volvo Stories October 24, 2018
Volvo is dipping its toes into electric vehicle infrastructure with an investment in FreeWire, a manufacturer of mobile rapid charging systems for electric vehicles. The investment comes as Volvo ramps up its electrification effort. expand full story
Volvo Stories August 15, 2018
The Tesla Model 3 is having a major impact on the automotive market. Some established automakers are taking it very seriously and getting their hands on the vehicle for benchmarking and reverse-engineering.
Volvo is apparently adding itself to the list as it was spotted with a Model 3 in Sweden. expand full story
Volvo Stories May 17, 2018
China’s protectionist laws are currently being relaxed when it comes to electric vehicles, but there are still some rigorous restrictions. For example, Chinese electric vehicles need to be powered by Chinese batteries.
A new report now shows that Geely found a workaround for Volvo’s electric vehicles by using Korean batteries made in China and the competition isn’t happy about it. expand full story
Volvo Stories April 25, 2018
Last year, Volvo announced that it was going “all electric“ by 2019, but it was actually only adding electric motors to each model.
Now, the company is clarifying its electrification plans with an announcement that they aim for 50% of sales to be ‘fully electric’ by 2025. expand full story
Volvo Stories March 15, 2018
Volvo’s recently unveiled Polestar 1 plug-in hybrid just got one step closer to reality, as they started taking pre-orders today and posted an online configurator allowing interested customers to check out the various color and wheel options available on the car.
We don’t yet know much about the buying process, as Volvo recently said cars from the Polestar brand would primarily be available as a “subscription service” (similar to a lease). When pressed, Volvo stated that the Polestar 1 would target a price of “130-150,000 Euros” ($160k-$185k).
The deposit is $2,500/€2,500/20,000RMB and is fully refundable. Pre-orders are available in 18 countries: China, United States, Sweden, Germany, Norway, the Netherlands, Denmark, Finland, the United Kingdom, Spain, France, Portugal, Poland, Italy, Austria, Switzerland, Belgium and Canada.