On July 18, an event for the groundbreaking of the Shanghai Intelligent Connected New Energy Vehicle (NEV) Industry Cluster Area was held in Jiading District.
Prior to the event, renowned automobile brands including IM Motors, SAIC-VW, SAIC-Audi, NIO, and Volvo Cars exhibited nine new intelligent models, such as Robo

On July 17, Volvo Cars announced that its SEK 18 billion cost and cash turnaround plan is fully on track and the company is confident about more positive effects from the programme.
The reduction of 3,000 jobs worldwide is going into execution, and around 1,100 employees have already left the company. This will help

On July 17, multiple media reported that Volvo Cars plans to begin U.S. production of its two most popular crossovers within the next few years to avoid paying a 30% tariff on the imported models.
According to two people familiar with the plan, the company will start building the midsize XC60 in January 2027 at its R

On July 16, Volvo Cars announced it will add its best-selling XC60 mid-size SUV, in both mild hybrid and plug-in hybrid form, to the production line at its assembly plant in Ridgeville, South Carolina. 
XC60 production is scheduled to start at the U.S. plant in late 2026, joining the fully electric Volve EX90 flagshi

Indian passenger vehicle sales in June 2025 were down 6.3% y/y to 275,766 units.
For April through June of 2025, total vehicle sales were down 1.2% to 1,235,097 units, compared to the same period of 2024. PVs (passenger vehicle, UV and van) sales were down 1.4% y/y to 1,011,882 units (excludes BMW, Mercedes-Benz, Vol

On July 14, Volvo Cars announced that it will record a one-off non-cash impairment charge of SEK 11.4 billion in the second quarter of 2025. The charge stems from revised financial assumptions related to the EX90 and ES90 platforms, following past launch delays and newly imposed import tariffs in several key markets.

Volvo Cars has cut about 15% of its commercial workforce in the U.S. as the company battles recent market headwinds. Volvo eliminated about 60 jobs, mostly at its Mahwah, New Jersey, headquarters, according to a person familiar with the matter. Some of the cuts were made through attrition. Volvo’s U.S. field staff is

On July 10, Volvo Cars announced the carbon footprint of its new fully electric ES90. The vehicle is designed with a strong focus on sustainability.
According to Volvo’s Life Cycle Assessment (LCA) report, the ES90 has a carbon footprint of 31 tonnes when charged with a European energy mix, which drops to 26 tonnes

On July 9, Euro NCAP announced that it has revealed safety shortcomings in several family cars through its latest round of crash tests.
In crash tests, a flaw was found in the curtain airbag of the TIGGO 7, which also affects the three-row TIGGO 8. The airbag failed to deploy properly, reducing protection for childr

On July 9, Polestar announced that the Polestar 4 achieved a five-star rating from Euro NCAP, becoming the third vehicle in its lineup to do so after the Polestar 2 and Polestar 3.
The Polestar 4 received an 86% overall score, with standout ratings of 92% for adult occupant protection, 85% for child occupants, 81% fo

The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for June 2025.
China passenger car production and sales volumes in June 2025
Retail
June retail sales volumes of passenger cars totaled 2.084 million units, re

On July 3, Volvo Cars and Polestar signed a memorandum of understanding (MoU) to jointly develop and produce Polestar’s upcoming premium compact SUV, Polestar 7, at Volvo’s new manufacturing facility in Kosice, Slovakia.
The Polestar 7 is expected to launch in 2028. If final agreements are reached, it will be the sec

On July 2, Polestar announced that its public charging service, Polestar Charge, now provides access to 1 million charging points across Europe through a single app.
The network includes major operators such as IONITY, Recharge, Fastned, Total, Tesla Super Chargers, and Allego, along with numerous local providers to

On July 1, Santa Clara, California-based GlobalLogic Inc., a Hitachi Group Company and leader in digital engineering, announced it has been selected in Volvo Cars’ partnership ecosystem as one of the strategic partners within engineering services globally. 
With this collaboration, GlobalLogic and Volvo Cars will con

On June 30, AFRY, an engineering, design, digital and advisory services provider, entered into a framework agreement with Volvo Cars as a strategic supplier in engineering. The agreement spans until 2026 and outlines AFRY’s role in delivering product development across all areas of Volvo Cars’ operations.
Under the a

On June 25, Volvo Cars announced that the XC60 has become the best-selling model in the company’s history, surpassing the iconic Volvo 240 with over 2.7 million units sold globally since its 2008 debut.
Initially produced in Europe and later in China, the XC60 gained popularity for its safety, comfort, and Scandinavi

On June 18, Salzgitter Group and Volvo Cars announced that they are expanding their partnership. In 2026, significant amounts of steel scrap from the Volvo Cars’ body parts plant in Olofström in southern Sweden will be sold to the Salzgitter AG steelworks. Salzgitter Group will feed it back into the production proces

On June 24, Bertrandt announced that it had been nominated as a strategic engineering service supplier to Volvo Cars. The relationship between the two companies is based on a shared understanding of values with the aim of driving technological progress and making a relevant contribution to a sustainable and safe futu

On June 19, Targa Telematics partnered with Volvo Cars to integrate data from Volvo vehicles in Europe. The partnership with Volvo Cars involves the direct integration of data streams from the numerous Volvo models into Targa Telematics’ platform to enable the creation of new connected mobility services using informa

On June 19, Tata Technologies announced its selection as a supplier by Volvo Cars. The expanded partnership will focus on key areas including product engineering, embedded software solutions, and product lifecycle management (PLM) services.
Tata Technologies will provide support from its global delivery centers, incl