On September 8, Aftab Khodro, in a social media post, announced the launch of the Volvo EX30 EV-AWD in Iran. Aftab Khodro Co. is a leading company in the field of car sales and after-sales services in Iran. This electric SUV can travel 590 kilometers on a single charge. This electric car can go from zero to one hundr

On September 4, Nordic Investment Bank (NIB) and Volvo Car AB signed an 8-year EUR 150 million loan agreement to support research and development for Volvo’s next-generation electric vehicle platform, SPA3, and the new EX60 model. The investment will take place between 2024 and 2026.
The project supports Volvo Cars’

On September 4, Volvo Cars reported global sales of 48,029 cars in August, a 9% decrease compared to the same month last year.
Sales of BEV and PHEV models accounted for 43% of total deliveries but declined 17% year-over-year. Fully electric models represented 20% of sales, while plug-in hybrids made up 23%.
The XC60

On September 4, Volvo Cars started production of its new, fully electric Volvo ES90 for European markets. Volvo Cars has opened the ES90 order book across several European markets, and customer deliveries will start later this year. The ES90 will also become available soon to some of Volvo Cars’ key markets in the As

On September 3, Volvo Cars announced that it will reveal the new Volvo EX60 on January 21, 2026, in Stockholm, Sweden.
The new EX60 is Volvo Cars’ first fully electric premium mid-size SUV, built on its latest technology platform. It will offer the longest electric range of any Volvo so far and introduce a new user e

On August 29, ECARX announced that its Antora 1000 Pro computing platform and Cloudpeak cross-domain software stack will power the cockpit of the Volvo XC70 hybrid mid-size luxury SUV. The XC70 is the first model to feature Volvo's SMA super hybrid architecture.
ECARX and Volvo worked closely throughout the developme

On August 27, Volvo Cars revealed the all-new Volvo XC70 SUV, its first long-range plug-in hybrid. The model offers an all-electric range of over 200 km under the CLTC cycle, the longest of any Volvo plug-in hybrid to date.
The vehicle, built on Volvo Cars’ new Scalable Modular Architecture (SMA) platform, is a key a

On July 28, ECARX Holdings Inc. announced that its Cloudpeak cross-domain software stack is powering the global launch of the Volvo EX30 Cross Country compact electric SUV.
ECARX’s Cloudpeak cross-domain software stack is built on a unified global platform, allowing automakers to easily adapt their vehicles for diff

On July 17, the U.S. National Highway Traffic Safety Administration issued a warning to owners of 2020-2026 Volvo plug-in hybrid or battery electric vehicles to immediately complete an important over-the-air safety recall. 
Without this recall remedy, an affected vehicle could completely lose its ability to brake whi

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

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 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 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