Volvo AB

Earnings data Q1 2021

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Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

Volvo is the latest car company pledging to go all-in on electric vehicles.  The carmaker announced plans Tuesday to phase out the production of gas-powered vehicles, including hybrids, by 2030. It will also move to only sell its fully electric cars online.

Volvo says it will only sell electric cars by 2030 and you'll have to buy them online (VLVLY)

Volvo will eliminate combustion engines by 2030, including all hybrid models, and shift entirely to all-electric powertrain over the next decade.

Volvo Joins Anti-Combustion Engine Crowd, Will Be All-Electric By 2030

Volvo ripped the covers off its entry-level C40 Recharge electric hatchback (EV) in Europe today, on the back of announcing an end-date for combustion-engine production.

Volvo Joins The Electric-Car Battle With Its Entry-Level C40 Hatchback

The automaker will produce nothing but EVs by 2030.

Volvo Plans to Go All Electric

GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ -- The future of Volvo Cars is electric and the new Volvo C40 Recharge is the latest manifestation of its commitment to a zero emission future. The C40 Recharge has all the benefits of an SUV but with a lower and sleeker design. It is based...

Volvo Cars launches new, pure electric Volvo C40 Recharge

Volvo Cars becomes the latest firm to detail plans for a future centered around electric mobility.

Volvo says it will be 'fully electric' by 2030 and move car sales online

Volvo Cars said it will only make and sell all-electric vehicles by 2030, as part of a broader transformation of the automaker that will include shifting sales online. “The key to sustainability is electrification, said Volvo Cars CEO Håkan Samuelsson during a presentation Tuesday.

Volvo to sell only all-electric vehicles by 2030

Volvo has become the latest luxury car maker to announce it will only be making electric vehicles (EVs) from 2030. The Swedish car group, which is owned by Chinese conglomerate Zhejiang Geely, said it was bringing forward its plans for EVs because of changing legislation and the rapid expansion of fast-charging infrastructure.

Volvo the latest to take on Tesla with vow to be all electric by 2030

The Swedish truckmaker is readying battery-electric models–but is also upbeat on a fuel choice Tesla's Elon Musk has knocked for years: hydrogen.

Batteries Or Hydrogen For Big (Clean) Trucks? Volvo Group Bets On Both

By the end of the decade, the only Volvo you'll be able to purchase will be electric. And you'll only be able to buy it online.

Volvo plans to go fully electric by 2030.

The age of the premium electric car is getting closer, with Volvo Cars announcement that it will only sell electric cars by 2030.

Volvo Follows Jaguar Into Tesla Territory To Become All-Electric By 2030

Swedish carmaker also says it will sell its vehicles to consumers online only

Volvo says it will make only electric cars by 2030

Volvo's entire car line-up will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade.

Betting on death of petrol cars, Volvo to go all electric by 2030

GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ -- Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030. By then, the company intends to only sell fully electric cars and phase out any car in...

Volvo Cars to be fully electric by 2030

GOTHENBURG, Sweden , March 2, 2021 /PRNewswire/ -- Volvo Cars is fundamentally changing how and where to meet its customers, and will transform the current wholesale model by moving online and with strong customer relationships. It aims to be a fully electric car company globally by 2030...

All pure electric Volvo models to be available online only

Gothenburg, SWEDEN and Stuttgart, GERMANY, March 1, 2021 /PRNewswire/ -- Daimler Truck AG and the Volvo Group today completed the transaction to form the previously announced fuel-cell joint venture. The Volvo Group has acquired 50 percent of the partnership interests in the existing...

Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric

Making good on its promises, Swedish electric car brand Polestar will open more retail locations in the United States this year. Polestar, which is owned by Volvo, already has showrooms in Santa Monica, the San Francisco Bay Area (Corte Madera and Santa Clara), and Manhattan. By the end of 2021, the automaker has plans to open new showrooms — called Polestar Spaces — in 15 cities, according to a Monday announcement.

Volvo's flashy new Polestar EV brand wants to open additional showrooms in these 15 US cities in 2021

SHIPPENSBURG, Pa.--(BUSINESS WIRE)--Volvo Construction Equipment is making a major investment in technical training with a new $4.3 million training center in Shippensburg, PA.

Volvo Construction Equipment to Invest $4.3 Million in North American Training Facility

Geely Automobile Holdings Ltd

Geely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on connected cars.

Geely ditches Volvo merger but still needs its partner to go global

Geely Automobile and sister company Volvo Cars will abandon merger plans but launch a new entity to combine their powertrain operations and expand cooperation on electric vehicles, the companies said on Wednesday.

Geely Auto and Volvo Cars to launch powertrain venture after merger scrapped

Deutsche Post AG

GÖTEBORG, Sweden, Feb. 23, 2021 /PRNewswire/ -- DHL Freight, one of the leading road freight providers in Europe, and Volvo Trucks have partnered to speed up the introduction of heavy duty electric trucks to be used for regional transport in Europe. The combined effort marks another...

DHL Freight and Volvo Trucks join forces to speed up transition to fossil free road transport on longer distances

AB Volvo (publ) (VOLAF) CEO Martin Lundstedt on Q4 2020 Results - Earnings Call Transcript

GÖTEBORG, Sweden, Feb. 3, 2021 /PRNewswire/ -- "In 2020, the global pandemic presented us with challenges that are unprecedented in modern times. Together with business partners and suppliers, we supported our customers through all stages of the crisis. We handled dramatic fluctuations in...

Volvo Group - the fourth quarter and full year 2020

Swedish truckmaker AB Volvo reported fourth-quarter core earnings above analysts' expectations on Wednesday, raised its forecasts for some of its main markets and rolled out a hefty shareholder payout.

Truckmaker Volvo profit tops forecast

Luminar Technologies

Luminar Technologies, Inc. and Volvo (VLVLY) unveiled a comprehensive lidar dataset called Cirrus that contains exclusive long-range lidar data from Volvo Cars' test and data collection fleet.

News for Volvo AB Stock (VLVLY)