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Tag Archives: Zhejiang Geely Holding
Volvo Cars and Nvidia Deepen Ties
The agreement deepens the existing collaboration and partnership between Volvo Cars and NVIDIA. Last year, the companies started joint development of advanced systems and software for self-driving cars. Adding advanced 360-degree perception capabilities and a driver-monitoring system, the core computer will help Volvo Cars safely introduce fully autonomous cars. Continue reading
A Decade of Chinese Ownership – Volvo Cars Posts Strongest Second-Half Sales in Its 93-Year History
While sales dropped by 21% during the first half of the year, Volvo Car resumed growth in the second half of 2020, reporting month-on-month growth from June onwards. Sales rose by 7.4% to 391,751 cars in the second half of the year compared with the same period in 2019. However, globally, Volvo Cars sold 661,713 cars in 2020, a decline of 6.2% compared to 2019. Although final numbers for the full year are not confirmed, the company claims it outperformed its competitors and gained market share in all its main sales regions during the first 11 months of the year. Continue reading →