Volvo

January 24, 2026 – According to a recent report from CarBuzz, Volvo’s management has reiterated that the “full electrification” strategy remains at the heart of the company’s vision, with its electric vehicle (EV) business already delivering significant financial returns. When discussing profitability, Volvo CEO Hakan Samuelsson emphasized that the brand is now more profitable thanks…

September 11, 2025 – According to a Bloomberg report on the 9th, as the electric vehicle (EV) revolution gains momentum and Chinese automakers rapidly expand their global footprint, Volvo CEO Hakan Samuelsson has warned that several Western automakers may face elimination. The 74-year-old Samuelsson, who reclaimed the CEO role at Volvo in April this year…

June 30, 2025 – Volvo has quietly made a significant announcement overseas, revealing that it has successfully delivered its 5,000th electric heavy – duty truck. Since 2019, the company has been in the business of delivering pure – electric heavy – duty trucks. Its customer base now spans over 50 countries globally, and the cumulative…

May 26 2025 – A Reddit user, Jeguetelli, recently took to the platform to share an unusual incident involving their iPhone 16 Pro Max and a newly purchased Volvo EX90. According to the post, the car’s built-in LiDAR (Light Detection and Ranging) system emitted a beam that allegedly caused irreversible damage to the phone’s CMOS…

April 30, 2025 – Volvo Cars unveiled a significant cost-reduction initiative on Tuesday, local time, targeting an estimated $1.87 billion in savings, while simultaneously retracting its financial outlook for the upcoming years amid a sharp decline in first-quarter operating profits. The Swedish automaker’s latest financial report revealed a substantial drop in operating profit, plummeting to…