Volvo
Volvo CEO’s Stark Warning: Chinese EV Surge to Oust Western Automakers
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…
Volvo’s 5,000 – Unit Electric Heavy – Truck Delivery: Tesla Semi Faces a Daunting Catch – Up Task
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…
Volvo Issues Warning: LiDAR Beams Can Permanently Damage Phone Sensors; Maintain Safe Distance for Photography
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…
Volvo Unveils $1.9B Cost-Cutting Drive, Shares Slide Nearly 10%
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…
