VLVOF News and Press, Volvo Car From 02/01/24

2024-02-01 07:40:16 ET More on Volvo Car AB (publ.) Volvo Car Group Is Being Careful With Market Share Volvo Brings Chinese-Built EX30 Battery-Electric SUV To U.S. To Attract 'Mainstream' Buyers Historical earnings data for Volvo Car AB (publ.) Financial info...

2024-01-10 11:36:47 ET Summary Volvo Car Group is cautious about its BEV market share in China and is not willing to engage in a price fight. The company sold 113,419 BEVs globally in 2023, up 70% from the previous year, but the numbers in China were underwhelming. Geely Holdi...

2023-11-09 18:24:02 ET Summary Luminar Technologies, Inc. faces production start delays at a key partner that limited revenue ramp in 2023. The Lidar company was hit by multiple project delays in the last quarter, contributing to a Q3 2023 miss, though revenues should surge in Q4....

2023-11-07 19:16:08 ET Summary Chinese entrepreneur Li Shufu is pursuing global scale in the battery-electric vehicle market through his empire of interlocking companies and brands. His latest foray is the Volvo EX30, a small and affordable battery-electric vehicle that will be av...

2023-11-01 17:38:01 ET Summary Volvo Car Group's 3Q23 presentation shows that BEV gross margins improved from 3% to 9%. The new EX30 BEV model is expected to have gross margins of 15-20% and could be the first proof point of BEVs reaching cost parity. Concerns about BEV sales ...

2023-09-04 06:52:12 ET More on Volvo Volvo: Concerns Regarding FY24 Demand Remain An Overhang Volvo: Driving Sustainable Innovation In The Transportation Industry Volvo Cars sales rise 33% in June Volvo Cars May sales grew 31% Y/Y Volvo bags record or...

2023-08-02 09:37:10 ET Summary Volvo Car Group is focusing on electrification and improving their battery electric vehicle efforts to increase gross margins. The 2Q23 gross margin for BEVs was only 3%, but the company plans to address this issue with new BEVs built on a better pla...

2023-07-24 07:06:52 ET Vietnamese electric vehicle maker VinFast ( VFS ) plans to break ground this week on a delayed factory in North Carolina. VinFast aims to be the first Vietnamese car brand to produce electric vehicles and the first to expand into global markets. The auto arm o...

2023-07-03 09:34:33 ET Summary A significant portion of Tesla, Inc.'s potential lies in self-driving technology, energy, and artificial intelligence, in addition to its core car business and charging network, and I discuss my personal experience with the latest updates. Tesla's va...

2023-06-29 04:59:31 ET Summary Volvo Car is making serious strides towards electrification, having joined Tesla's North American Charging Standard and aiming to be a fully electric car maker by 2030. The new EX30 SUV BEV model is expected to democratize electrification due to its ...