Volvo said that despite high electric vehicle delivery rates in the second quarter of 2023, EV margins declined due to higher lithium prices. But that is expected to change with the arrival of the Volvo EX30, Volvo’s smallest and cheapest electric SUV. Volvo doubled its EV sales in 2022 in a breakout year that included record total sales of $32 Read More
The 2024 Volvo EM90 luxury minivan has been revealed in images from the Patent Office ahead of its official debut in China. The EM90, which is closely paired with Geely’s Zeekr 009 minivan, is expected to offer two battery options, both above the 100kWh mark. The Volvo EM90 will be sold only in China for now, where luxury minivans are Read More
Volvo, known for its top-notch safety standards, has remained silent in the race to electrification. With serious plans for electrification and electric vehicle (EV) battery development, Volvo has a clear ‘safety and integrated’ roadmap to 2030. If you look at any major automaker in their battery series, they have a customized formula for competing in EVs. battery market. This could Read More