- Swedish-Chinese car maker declares all-electric future by 2030, taps public capital markets to finance battery electric vehicles (BEV).
- VOLCAR B IPO and planned Polestar IPO mark transition from fossil fuel and global growth for majority owner Zhejiang Geely.
- Retail shares of VOLCAR available only to Swedish investors, though future listings could reach U.S. and other capital markets.
- Volvo chief says that all-time sales record “within reach”.
For further details see:
Volvo Car AB Shares An EV Play For Swedish Investors, A Stalking Horse For Chinese Owner