Tag Archives: Geely Holding

First Look -Volvo Car USA 2026 EV Lineup

Posted on 7 October 2025 by Ken Zino

Volvo Car USA today announced details of its 2026 fully electric lineup with upgrades to the 2026 Volvo EX90, as well as the arrival of the EX30 Cross Country and Single Motor variants for U.S. customers.

“The 2026 EX90 has a new 800-volt electrical architecture that delivers faster, more efficient charging**- adding up to 155 miles of range in just 10 minutes at a compatible 800-volt charging station. This figure is the typical time to charge from 10 to 80 % at a 153kW DC fast charging station (CCS2). Figures are preliminary and derived from estimates and calculations performed for the Volvo EX30,” Volvo Cars said. Continue reading →

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Milestones – Volvo Cars One Millionth Plug-In Hybrid

Posted on 2 October 2025 by Ken Zino

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 →

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Volvo Cars Selling New XC70 PHEV in China

Posted on 27 August 2025 by Ken Zino

The new Volvo (VOLCAR-B.STO)* XC70 SUV is Volvo Cars’ first long-range plug-in hybrid with an all-electric driving range of more than 200km (~124 miles) based on the CLTC testing cycle . This is the longest of any Volvo plug-in hybrid to date. No surprise that given its Chinese ownership customers can now pre-order the SUV in China. Yes, China – Europe, North America, and Scandinavia can wait. Volvo Cars said today it plans to bring the car to Europe at some later unspecified time. Continue reading →

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Volvo Cars Posts Q2 2025 -10B SEK Loss

Posted on 17 July 2025 by Ken Zino

Volvo Cars (VOLCAR-B.STO) said today that it posted a Q2 group operating profit (EBIT) of SEK -10.0 billion. The gigantic loss followed a warning this week that it would take an impairment charge( read AutoInformed.com on: Chinese Trade Wars – Volvo Q2 2025 Impairment Charge). The Chinese owned company also said that it would build its best-selling car in the U.S. in South Carolina starting in late 2026 (Volvo Cars to Build XC60 SUV in Ridgeville). The loss, down from a profit of 8B SEK year-over year, appears to have surprised analysts who thought the loss would be much higher.

“The market continued to be challenging in Q2 as well,” said Håkan Samuelsson, President and CEO of Volvo Cars. “Demand remains under pressure from the macroeconomic environment, tariff-related uncertainties and tougher competition. However, our turnaround actions are starting to show results. In a Q2 market with headwinds we made a clear improvement of free cash flow versus Q1 and our EBIT margin excluding items affecting comparability was slightly higher.”

Continue reading →

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Volvo Cars to Build XC60 SUV in Ridgeville

Posted on 16 July 2025 by Ken Zino

Volvo Cars (VOLCAR B:STO) said today it will add its XC60 mid-size SUV to the production line of its US car plant in Ridgeville, South Carolina. The plant also assembles the fully electric EX90. The XC60 is scheduled to start production there in late 2026.

“Adding the XC60 to our Charleston production line will further strengthen its position and attractiveness in the competitive US market, while supporting and creating American manufacturing jobs,” said Håkan Samuelsson, CEO of Volvo Cars. “It is also in line with our ambition to build where we sell and reinforces our long-term commitment to the US market, where we are celebrating our 70th anniversary and have sold over 5 million cars.” Continue reading →

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Chinese Trade Wars – Volvo Q2 2025 Impairment Charge

Posted on 14 July 2025 by Ken Zino

Chinese owned Volvo Cars (VOLCAR B:STO) today announced a SEK 11.4 billion (~$1.2B) non-cash impairment charge in Q2 of 2025. Volvo is adjusting the financial assumptions for the EX90 and ES90 platform, because of previous launch delays and import tariffs in several markets. Among other woes, Volvo can’t sell the ES90 profitable in the U.S. Volvo Cars will publish its second quarter 2025 financial results on Thursday, 17 July 2025 at 07:00 CEST. Continue reading →

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First Look – All-Electric Volvo ES90 Hatchback

Posted on 5 March 2025 by Ken Zino

Volvo Cars (VOLCAR B:STO) today debuted an all-new, fully electric ES90. With order-books open now in some markets, the ES90 is the latest addition to  Volvo cars. It is the sixth fully electric model in the line, joining the EX90, EM90, EX40, EC40 and EX30 as Volvo continues to covert to full electrification.

“The ES90 combines the refined elegance of a sedan, the adaptability of a fastback, and the spacious interior and higher ground clearance associated with SUVs. It’s a versatile car that does not compromise on comfort or space. A car that allows for bigger adventures and families, striking the perfect balance between your professional and private life, and allowing you to embrace the special moments in life,” Chinese-owned Volvo Cars said. Continue reading →

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First Look – New Volvo EX30 Cross Country

Posted on 10 February 2025 by Ken Zino

Volvo Cars (Nasdaq Stockholm VOLCAR B)* at a literal fireside chat in the North of Sweden revealed today the new EX30 Cross Country SUV. Outdoors equipment brand Fjällräven was part of the show. The EX30 Cross Country is a compact fully-electric SUV. The Volvo EX30 Cross Country is available to order now in selected markets, with deliveries starting later this spring. It will eventually appear in North America.**

“We launched our first Cross Country car over 25 years ago, and this concept of durable and all-weather cars is core to the Volvo brand,” said Jim Rowan, Volvo Cars’ CEO. “In Sweden we face harsh winters, but we also like to make the most of them by getting out and exploring our amazing nature, even when it’s minus 20 Celsius outside. That’s why we want to deliver a fully rounded experience, not simply a car, to our EX30 Cross Country customers.” Continue reading →

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Volvo Cars Posts Record Sales, Revenue, Profits in 2024, but…

Posted on 6 February 2025 by Ken Zino

Volvo Cars (VOLCAR B:STO)* today posted a record-breaking year in 2024 with the highest full-year retail sales, revenues and core operating profit in its 98-year history. However, the Chinese owned company anticipates a turbulent 2025 “due to challenging market conditions,” aka Trump’s Trade and Tariff Wars.** “Full-year revenues exceeded SEK 400 billion for the first time in the company’s history, due to a new all-time sales record of 763,389 cars. Its full-year core operating profit of SEK 27 billion, excluding joint ventures and associates, was another record and up 6% compared to 2023. The core operating margin came in at 6.8%, up from 6.4% in 2023,” Volvo said. Continue reading →

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Chinese EV Trade Wars Hits Volvo Cars

Posted on 14 November 2024 by Ken Zino

Volvo Cars (VOLCAR B:STO) today announced the selling of its 30% stake in Lynk & Co to Zeekr, a transaction representing a consideration of RMB 5.4 billion (~ SEK 8 billion). The transaction will be paid in cash, with 70% of the amount paid at closing, and 30% plus interest paid one year after closing. The transaction is expected to close during the first quarter of 2025. Volvo Cars is currently trading near its all time low.

The transaction involves Volvo Cars (China) Investment Co., Ltd, an indirect subsidiary of Volvo Car AB, selling its share in Lynk & Co Automotive Technology Co., Ltd to Zhejiang Zeekr Intelligent Technology Co., Ltd, an indirect subsidiary of Zeekr Intelligent Technology Holding Limited. Continue reading →

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Volvo Cars Shows Concept Recharge EV

Posted on 17 November 2021 by Ken Zino

By using sustainable materials inside the car, equipping it with tires from recycled and renewable material, improving aerodynamics Volvo Cars can take steps to reduce its carbon impact through the car itself. Combining those with the use of clean energy throughout a de-carbonized supply chain, manufacturing process and use phase of the car, Volvo Cars believes it can reduce a car’s lifecycle CO2 impact by 80% versus a 2018 Volvo XC60, without losing the qualities that Volvo cars have become known for. This would mean that the Concept Recharge would have an overall lifecycle CO2 impact below 10 tons, when charged with 100% renewable energy – if, big if, Volvo is able to pull this off in a global economy that is self-destructing from the use of subsidized fossil fuels and little progress on addressing Global Warming. Continue reading →

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Daimler and Geely Form Joint Venture to Develop smart

Posted on 28 March 2019 by Ken Zino

It’s said that smart will gain shared expertise in manufacturing, engineering and design from both groups. Also, smart will expand to meet demand for electrification, with production based in China. The EVs will be assembled at a new purpose-built electric car plant with global sales due to begin in 2022 in what is said to be an all-electric product renewal. Continue reading →

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