Volvo Car AB Class B
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in mil. unless spec.Company Description
- CEO
- Håkan Samuelsson
- Full Time Employees
- 44,605
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Gunnar Engellaus väg 8 Gothenburg VG Sweden 418 78
- IPO Date
- Oct 29, 2021
- Website
- volvocars.com
- Similar Companies
- Business
- Volvo Car AB (publ.) designs, develops, manufactures, markets and sells premium automobiles worldwide, with a focus on safety, electrification and sustainability. The company offers battery electric vehicles including the EX90 SUV, EX30 compact SUV, EX40, EC40 and upcoming ES90 sedan and EX60; plug-in hybrids such as the XC90, XC60 and V60; mild hybrids like the XC40, S60, V90 Cross Country and V60 Cross Country; and internal combustion engine models; across SUVs, estates, saloons and MPVs including the EM90 electric minivan. It also provides vehicle parts, accessories, maintenance contracts, extended warranties, connectivity services and in-car software. Volvo Car AB (publ.) operates manufacturing facilities in Sweden, Belgium, China, the United States and other regions, targeting retail customers, fleets and premium segments through a global dealer network. Founded in 1927 and headquartered in Gothenburg, Sweden, the company is a subsidiary of Geely Sweden Holdings AB. Recent developments include the issuance of a EUR 500 million green bond in 2025 to fund electric vehicle programs and sustainability initiatives; plans to launch five new or refreshed models in 2025 such as the ES90 electric sedan, EX30 Cross Country, a long-range plug-in hybrid for China and updates to existing lines like the XC60; expansion of EX30 production to Ghent, Belgium; major upgrades to the 2026 EX90 with an 800-volt architecture; the reappointment of Hakan Samuelsson as CEO in April 2025; efforts to acquire Northvolt's stake in the NOVO battery joint venture; and the sale of its 30% stake in Lynk & Co to Zeekr in late 2024.
Company News
Volvo makes a bigger bet on Nvidia
Volvo Cars expands automated driving partnership with Nvidia
Volvo Trucks unveils new truck built for North America's toughest jobs
FourKites Recognizes Kimberly-Clark, Arrow Electronics, Nestlé USA, Volvo Group and Church & Dwight for Outstanding Achievements in Supply Chain Transformation
Volvo Car Pulls Guidance as Chinese Auto Market Worsen
Volvo Cars warns of weaker sales, cash flow
Volvo Recruits a Top VW Executive to Steer Its Turnaround
Volvo Car AB: Model Push May Run Into Fierce Competition
Volvo Car AB (publ.) (VLVCY) Analyst/Investor Day Transcript
Volvo Car Plans Major Model Lineup Revamp
Volvo Cars to launch 13 new models this decade, eyes earnings boost
Volvo Cars launches longer-range versions of its hybrid XC60 and XC90 models
Volvo Cars to become Lynk & Co's European distributor starting 2027
Volvo Car Sales Slip on China, U.S. Weakness
Volvo Cars to close Stockholm office
Volvo Construction Equipment Rolls Out First U.S.-Built Excavators and Large Loaders
Volvo Car Sales Slip 4% on China Weakness
Volvo Car AB (publ.) (VLVCY) Q2 2026 Earnings Call Transcript
Volvo Car Expects Sales to Strengthen on European Growth, U.S. Recovery
Truckmaker Volvo's Q2 operating profit rises, orders jump