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Milestones – Volvo Cars One Millionth Plug-In Hybrid
Volvo Cars (VOLCAR-B.STO)* said today it reached a milestone in its electrification goal in September when it delivered its one millionth plug-in hybrid. The Chinese-owned company** is transitioning to becoming a fully electrified car maker with plug-in hybrids (PHEVs) as part of the plan. Volvo posted a significant loss in Q2 2025 as it was caught in the crossfire of resident Trump’s ongoing tariff chaos.
“Volvo Cars is committed to a fully electric future, and we will get there in a pace that suits our customers,” says Erik Severinson, chief commercial officer at Volvo Cars. “Our plug-in hybrid cars are a crucial bridge towards that future for those customers who are not yet ready to go fully electric.” Continue reading →