Volvo and Breathe deal for faster EV charging
Volvo Cars has partnered with Breathe Battery Technologies to get access to the latest version of its patented algorithm-enabled charging software for use on new generation EVs.
Volvo Cars has partnered with Breathe Battery Technologies to get access to the latest version of its patented algorithm-enabled charging software for use on new generation EVs.
Volvo Cars reports a 39% increase in operating profits, excluding joint ventures and associates, to nearly A$912 million (SEK6.4 billion) and a corresponding EBIT margin of 6.3% for the second quarter of 2023.
Volvo Cars is celebrating the official opening of its newest home in the western suburbs of Brisbane. Situated in a prime position opposite Indooroopilly Shopping Centre, the showroom was designed with the Volvo Retail Experience new-look corporate identity. It features sustainable and leather-free furniture in line with Volvo’s sustainability approach to move away from animal products.As part of the official opening on Wednesday, May 17, the Volvo C40 Recharge model was transformed into a green photo moment.
Polestar has enjoyed a robust first quarter in 2023 but has reported a speed bump in its quest for growth in global markets. The start of production for the Polestar 3 has been delayed until at least the first quarter of 2024 says the company.
European Union states, particularly those seeming to want to derail a zero-tailpipe emission target for new passenger cars and vans by 2035, have been given a rev up by Volvo Cars president and chief executive Jim Rowan.
Zhejiang Geely Holding Group (Geely Group) says aggregate sales across its automotive brands – grew 4.7% year-on-year to exceed 2.3 million units in 2022.
Volvo Cars unveiled its new flagship SUV the all-electric seven-seat EX90 in Stockholm but says the newcomer will also be built in the USA from 2023 and later in China.
As global sales of electric vehicles surge, more groups are sinking investment into researching potential battery recycling processes. Ford and Volvo are the latest groups to announce that they’re investigating the space.
Volvo Cars says it expects sales of electric cars will grow faster than the overall market in 2022 thanks to strong customer demand in spite of high uncertainty and a supply chain restricted by a component shortage.
Volvo Cars ended 2021 as the fastest growing luxury automotive brand in Australia after notching up the biggest new vehicle sales year in its history, albeit short of its intended target of 10,000 units.