The first all-electric Volvo EM90 officially rolled off the assembly line on Tuesday. Volvo’s EM90 is the brand’s first electric minivan, complete with a “Scandinavian living room” interior.
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Volvo Cars is starting 2024 with its 17th straight month of growth. Volvo’s all-electric model lead the growth, with global EV sales up 17% in January.
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More bad news for Polestar. The struggling luxury EV maker just lost its funding from Volvo, which is handing full responsibility for the brand over to China’s Geely. However, Volvo is letting them down easy, saying it’s a “natural evolution” for the two brands.
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EV drivers looking to get behind the wheel of their new Volvo all-electric SUV EX30 may have to wait a bit longer as Volvo works to resolve some software glitches before delivery – the second time a Volvo EV launch has been delayed due to software.
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Should Volvo take EV maker Polestar (PSNY) private? Investment research firm Bernstein says it may make more sense.
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Volvo CE has just announced a new electric material handler that promises increased maintenance intervals and lower operating costs without the need to recharge its batteries … because it hasn’t got any.
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With “tremendous growth” expected for its EVs, Volvo CEO Jim Rowan says the brand is outpacing rivals. Rowan claims Volvo has “much more pricing power” as it rolls out its cheapest EV so far, the EX30, starting at $35,000.
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Volvo has joined Tesla in stopping its EV production in Europe due to the threat of violence from Iran-backed Houthi fighters attacking commercial ships traveling in the Red Sea.
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Don’t underestimate the Volvo EX30’s small size. As the first EX30 models reach European buyers, Volvo sees it as a best-seller over the next few years.
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Volvo had a record year in 2023, with EV sales pushing global volume to new highs. The Swedish automaker’s early commitment to EVs is paying off, with over 113,000 fully electric Volvo cars sold last year.
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Volvo is getting a massive €420 million ($460M) loan as the automaker moves to a fully electric future by 2030. The funds are for Volvo to develop a new EV platform for its next-gen models.
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Volvo’s cheapest and smallest electric SUV, the EX30, is already getting custom design upgrades. A new Sport and rugged Outland edition bring out the best of Volvo’s latest EV.
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Volvo has begun prototype production of its next-generation luxury electric sedan, possibly called the ES90. The V551, as it’s internally known, will be built in China. This information comes via a leak from Volvo’s own internal board, with a photo of the V551 team proudly kneeling next to a giant “CONFIDENTIAL TOP SECRET” sign below a banner with the text “Volvo Cars V551 First VP Car Celebration.” Seems like pretty solid confirmation to us!
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A lack of demand for EVs? Not so fast. Volvo CEO Jim Rowan says new electric models will continue fueling sales. Orders for Volvo EVs like the C40 and EX30 are strong.
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Volvo’s cheapest EV, the EX30, was expected to launch by the end of the year in the US and Canada, but that’s not going to happen. Rather than in November, as previously planned, the EX30 will not go on sale before the end of 2023.
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Volvo began selling what could be its most important vehicle to date last month. In November, Volvo sold the first EX30 model, its cheapest and smallest vehicle yet.
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A new three-row electric SUV will hit the US market in early 2024. Volvo’s flagship EX90 electric SUV will start at under $77,000 when it goes on sale early next year.
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Up-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.
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Volvo officially released its first electric minivan this weekend, the EM90. Rather than just a means of getting from Point A to Point B, Volvo designed the EM90 to make you feel at home no matter where the road takes you.
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Following in Telsa’s footsteps, Volvo has just signed a contract with Italian giga press maker IDRA to install two of its largest presses at a new site in Slovakia. The giga presses – what will likely be a reconfigured version of the same Giga Press 9000 that is making Telsa’s Cybertruck – are the world’s largest, the size of a small house and producing a clamping force of more than 9,000 tons.
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Swedish automaker Volvo is considering an expansion of its EV production in the US, with a possibility of broadening its factory in Charleston, South Carolina, or breaking ground on a second site in the country, according to a new report.
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There’s a lot of dichotomy in that headline. But for some reason, it all makes sense when driving the Volvo EX30. After delaying the much bigger EX90 indefinitely, Volvo’s first EV designed from the ground up really shines in so many areas, and of course has one big glaring downside…
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Volvo announced prices for its entire 2024 lineup, including the upgraded C40 and XC40 Recharge EVs. For the first time in 25 years, Volvo will offer a rear-wheel drive variant in the US, among other improvements.
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In the wake of what feels like gloomy news for the EV economy, Volvo has pulled out yet another round of impressive EV sales numbers, especially coming from a legacy automaker. Volvo reports that its fully electric car sales jumped by 29% in October globally compared to last year, accounting for 18% of all of its cars sold in the month.
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