Volvo

All news and posts of our editorial team on the topic

Volvo – an energized future
Chinese carmaker Geely has successfully brought its Swedish subsidiary Volvo on the Stockholm stock exchange. The capital is to flow into the planned restructuring of the brand because Geely's boss, Li Shufu, plans to attack the EV market with Volvo at the helm. The company also wants to be at the forefront of a shift towards new mobility. Another goal is to build an Android-style car ecosystem. continue reading →
Volvo has a strong start on the stock market
Chinese carmaker Geely has successfully floated its Swedish subsidiary Volvo on the stock market. The Volvo Car AB share rose by 23 percent to 65.20 kronor on the first day of trading. The first price was already ten percent above the issue price. The company thus raised just over two billion euros on Friday. Geely […] continue reading →
Volvo about to go public
Geely plans to list the Volvo brand on the Stockholm stock exchange in the coming weeks, Reuters has learned from three unnamed sources. According to the sources, Geely Holding is in “advanced negotiations” with financial institutes to conduct the IPO. A valuation of just under 17 billion euros is being targeted. NordLB automotive analyst Frank […] continue reading →
Volvo about to acquire truck manufacturer
Volvo Trucks is about to purchase Chinese truck manufacturer JMC Heavy Duty Vehicle. The takeover for the equivalent of 123 million US dollars still has to be approved by Chinese authorities, as the business portal Caixin reports. Volvo, a subsidiary of Chinese manufacturer Geely, would gain full control of JMC Heavy Duty Vehicle through the […] continue reading →
BASF runs a factory in southern China entirely on green power
In China, as well as in Germany, local and international companies are striving to reduce their greenhouse gas emissions. BASF wants to be a pioneer here and is designing a new factory to run entirely on green electricity. This is not easy. But the company is cooperating with the Guangdong provincial government to become independent of the large share of coal in China's electricity mix. continue reading →
Nio and Lynk push into Europe
After several attempts by Chinese carmakers, serious competitors are now entering the European market. In addition to the Tesla competitor Nio, this is primarily the technology-heavy provider Lynk & Co, a sister company of Volvo. It wants to score points with young customers with digital subscription models for mobility. continue reading →
China’s largest carmaker Geely attacks Tesla
Geely is China's largest car company. With its new brand Zeekr, the company now wants to attack the market for premium EVs. Company founder Li Shufu has already turned the industry on its head several times in his home country. With his group, he also holds around ten percent of the shares in Daimler. continue reading →