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Volvo to Manufacture its Electric Motors In-House in Sweden, China

Volvo to Manufacture its Electric Motors In-House in Sweden, China

Unlike a few automakers, Volvo will be following in Tesla’s footsteps as it looks to manufacture electric motors for its EVs without the help of suppliers.

Vineeth Joel Patel2020-11-08 18:05 PT

Volvo Begins Production of the Fully-Electric XC40 Recharge SUV

Volvo Begins Production of the Fully-Electric XC40 Recharge SUV

​Swedish automaker Volvo Cars has officially taken its first steps towards electrifying its entire model lineup. The automaker announced on Thursday that production has begun of the new fully-electric Volvo Recharge compact SUV. The Recharge is a fully electric version of the best-selling Volvo XC40 SUV, a compact crossover first unveiled in Sept 2017.

Eric Walz2020-10-01 11:15 PT

Volvo to Build an Electric Vehicle Battery Plant in the U.S.

Volvo to Build an Electric Vehicle Battery Plant in the U.S.

Swedish automaker Volvo announced plans to build an electric battery plant at its assembly factory in Ridgeville, South Carolina to support the launch of electrified Volvo models for the U.S. market. Construction of the battery assembly plant will be completed by the end of 2021.

Eric Walz2020-01-16 17:00 PT

Polestar Opens Dealership in Oslo, Will Focus on China, U.S., Europe in 2020

Polestar Opens Dealership in Oslo, Will Focus on China, U.S., Europe in 2020

Oslo, Norway may seem like an odd place for Volvo’s Polestar to open up its first dealership, but the country has a large number of electric vehicles and individuals that are interested in EVs. Polestar, though, will be focusing on expanding to other parts of the world in 2020.

Vineeth Joel Patel2019-11-11 06:00 PT

Volvo Unveils the XC40 Recharge, its First Fully-Electric SUV

Volvo Unveils the XC40 Recharge, its First Fully-Electric SUV

Swedish automaker Volvo unveiled its first ever electric SUV today, becoming the latest automaker to unveil a fully-electric model. The vehicle is called the XC40 Recharge and is the first model in Volvo’s new electric "Recharge" model lineup that will compete with luxury electric models from Tesla, Volkswagen and others.

Eric Walz2019-10-16 11:00 PT

Volvo, Geely Merging Combustion Engine Operations in a Move to EVs

Volvo, Geely Merging Combustion Engine Operations in a Move to EVs

Volvo and Geely announced plans to combine their engine operations into one company, as the automaker looks to shift toward a lineup with only electrified vehicles.

Vineeth Joel Patel2019-10-14 07:00 PT

Volvo Preparing to Debut Its First EV in October

Volvo Preparing to Debut Its First EV in October

The electric car will be a battery-powered version of the subcompact XC40 and have a two-motor design.

Vineeth Joel Patel2019-10-01 08:30 PT

Chinese Automaker Geely Invests in Volocopter, Aims to Bring Urban Air Mobility to China

Chinese Automaker Geely Invests in Volocopter, Aims to Bring Urban Air Mobility to China

German aircraft manufacturer Volocopter announced that it signed the first closing of its 50 million euro ($55.2M) Series C funding round led by Chinese automaker Zhejiang Geely Holding Group (Geely Holding). Geely is the parent company of Swedish automaker Volvo. With the latest funding round, Geely Holding becomes a minority investor in Volocopter, along with existing investor Daimler AG.

Eric Walz2019-09-09 11:45 PT

Volvo & NVIDIA Announce a New Partnership to Develop Autonomous Vehicles

Volvo & NVIDIA Announce a New Partnership to Develop Autonomous Vehicles

Volvo Trucks and chipmaker Nvidia today announced a new partnership in which the two companies will work together developing commercial autonomous trucks using hardware and software developed by Nvidia.

Eric Walz2019-06-18 13:23 PT

Volvo to Build the XC40 SUV in China to Meet High Demand

Volvo to Build the XC40 SUV in China to Meet High Demand

Swedish automaker Volvo Cars has started producing its XC40 compact crossover SUV in China to bump up capacity to meet higher than expected demand. The popular Volvo XC40 was named the 2018 European Car of the Year.

FutureCar Staff 2019-04-12 12:41 PT

Volvo Officially Reveals the Electric Polestar 2, its Answer to the Tesla Model 3

Volvo Officially Reveals the Electric Polestar 2, its Answer to the Tesla Model 3

​Polestar revealed the first ever look of the Polestar 2 electric car on Wednesday, ahead of the Geneva Motor Show. The EV is one of the most anticipated vehicle debuts this year.

Eric Walz2019-02-27 15:47 PT

Volvo Delivers its First Fully-Electric Trucks to Customers

Volvo Delivers its First Fully-Electric Trucks to Customers

​Volvo Trucks delivered its first fully-electric commercial trucks on February 19 to two customers, including a refuse truck to waste and recycling company Renova, and a distribution truck to the German logistics company DB Schenker. Volvo said there has been significant market interest for its electric trucks.

FutureCar Staff 2019-02-19 16:32 PT

Volvo, Veoneer’s Autonomous Joint Venture to Start Testing in Sweden

Volvo, Veoneer’s Autonomous Joint Venture to Start Testing in Sweden

Zenuity, a joint venture involving Volvo and Veoneer, have received approval to begin testing its autonomous software on Sweden’s highways.

Vineeth Joel Patel2019-01-30 06:00 PT

Volvo Investing in California-based EV Charging Startup FreeWire Technologies

Volvo Investing in California-based EV Charging Startup FreeWire Technologies

Swedish automaker Volvo announced today it is investing in FreeWire Technologies, a San Francisco-based EV charging startup.

Eric Walz2018-10-24 12:19 PT

Volvo Unveils a Autonomous Electric Truck With No Cab

Volvo Unveils a Autonomous Electric Truck With No Cab

While much of the automotive industry is focused on driverless cars, a handful of companies are developing autonomous or battery-powered trucks. Sweden's Volvo is the first to combine both technologies in a radical new design.The company showed off a new self-driving electric truck on Wednesday–with no cab.

Eric Walz2018-09-13 15:34 PT

Volvo Calls for Universal Standard for Autonomous Car Communication

Volvo Calls for Universal Standard for Autonomous Car Communication

With the new 360c autonomous concept, Volvo Cars is addressing one of the main challenges around the introduction of autonomous technology. Volvo is calling for a new, global standard in how autonomous vehicles communicate with all other road users.

FutureCar Staff 2018-09-05 16:50 PT

Volvo to Launch New On-Demand Mobility Brand Called ‘M’

Volvo to Launch New On-Demand Mobility Brand Called ‘M’

Volvo Cars has announced the launch of new on-demand mobility brand the named ‘M’, that will expand the company’s global mobility operations by providing on-demand access to cars and services using a smartphone app.

Eric Walz2018-07-09 06:00 PT

Volvo's New Business Plan Includes a Major Shift to Electric and Autonomous Vehicles

Volvo's New Business Plan Includes a Major Shift to Electric and Autonomous Vehicles

Volvo Cars, the premium car maker, has announced new financial and operational goals that will position the company as a leading player in the changing global automotive landscape by 2025. A large part of the plans include autonomous and electric vehicles, with autonomous vehicles comprising one third of all Volvo models sold.

Paul Young2018-06-07 16:46 PT

Volvo Announces its First Electric Truck for Commercial Use

Volvo Announces its First Electric Truck for Commercial Use

Volvo Trucks announced its first all-electric truck for commercial use—the Volvo FL Electric. Sales and series production of the new model will start in Europe next year.

Jeremy Carlton2018-04-13 14:46 PT

Volvo Announces 'Volvo Cars Tech Fund' to Assist Automotive Technology Start-Ups

Volvo Announces 'Volvo Cars Tech Fund' to Assist Automotive Technology Start-Ups

Volvo Cars, the premium car maker, has launched a new investment fund aimed at investing in high potential technology start-ups in Silicon Valley and around the globe. The aim of the fund is to invest in strategic technology trends that are transforming the automotive industry, including autonomous driving.

Eric Walz2018-02-28 11:28 PT

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