Volvo Has No Plans to Cut EV Prices Like Tesla, Says CEO

Volvo CEO Jim Rowan said that the automaker won’t follow Tesla into cutting vehicle price tags, saying that demand for its vehicles remain high, according to Reuters. The statement came after Volvo posted lower-than-expected Q4 profits, and Rowan added that the automaker already had a sizable backlog for electric vehicle (EV) orders. “We don’t see […]

Volvo Unveils EX90 Electric SUV with 300 Miles of Range

Volvo has unveiled on Wednesday what it calls its flagship SUV, the seven-seater, fully-electric EX90 with NVIDIA Drive, Luminar lidar support, a Qualcomm Snapdragon chip and more. The Volvo EX90 offers up to 600 kilometers (372.8 miles) per charge with its dual-motor, all-wheel-drive version, as validated by the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). […]

Volvo to Train EV Technicians at Upcoming Facility in New Jersey

According to Automotive News, Swedish automotive giant Volvo–subsidiary of China’s Geely–is establishing a new technical center at its headquarters in Mahwah, New Jersey, specifically for training mechanics to work on electric vehicles (EVs). Volvo expects the 12,800 sq. ft. facility to open next March. Once complete, dealership technicians from all over the U.S., Canada, and South […]

Volvo Partners with Epic Games for Integrated EV Tech

Automaker Volvo is partnering with a games company to use a popular video game engine for electric vehicles (EVs), as announced by the automaker on Wednesday. Volvo plans to partner with Epic Games on advanced EV hardware, according to an announcement made by both companies on Thursday. Epic Games is the developer behind the wildly […]

Volvo Invests in StoreDot, an Israeli Fast-Charging Battery Tech Firm

Legacy Swedish automaker Volvo on Tuesday announced an investment in StoreDot, an Israeli company that is working on electric vehicle (EV) batteries capable of extreme-fast charging. The investment was made through the Volvo Cars Tech Fund, Volvo’s venture capital unit. StoreDot is working on disruptive battery tech capable of adding 257 miles (160 km) of […]

Volvo to Build New EV Crossover in South Carolina: Report

Volvo plans to build its upcoming crossover EV at its Ridgeville, South Carolina plant, according to unnamed sources speaking with Automotive News. Though it doesn’t yet have a public name, the electric crossover is internally termed V546 and is expected to be the company’s third battery-electric vehicle (BEV), ahead of Volvo’s plans to go all-electric […]

Volvo to Invest $1 Billion into Torslanda Plant for EV Production

As electric vehicles (EVs) shift to become the best-sold vehicles in the years to come, one European automaker has announced new investments for upgrading a production facility to be more EV-forward. Volvo announced plans on Tuesday to invest SEK 10 billion ($1.09 billion) into its manufacturing plant in Torslanda, Sweden to develop its next-generation of […]