#Volvo Strategy

Volvo Initiates Major Cost-Cutting Measures Amidst Financial Challenges

Volvo responds to declining profits and tariff challenges with aggressive cuts, restructuring operations and trimming spending to stabilize its future.

Polestar 2 Production Reportedly Ends in China Ahead of All-New Successor

Polestar 2 production in China has reportedly wound down after more than six years, with over 200,000 of the fastbacks built. The electric fastback has been one of the brand’s most important models since its launch, but customers in several European markets are already being directed toward existing inventory instead of new custom orders.

Polestar Eyes LFP Batteries as It Targets a Climate-Neutral Car by 2035

Swedish EV maker Polestar is looking at lithium iron phosphate (LFP) battery technology to help meet its 2035 target for a zero-emission production car, Head of Sustainability Fredrika Klarén said. Every current model in the Swedish brand’s lineup relies on nickel manganese cobalt cells, and the company has not yet named a launch timeline for an LFP-equipped vehicle.

Volvo Opens European Factories to Geely, Zeekr, and Lynk & Co

The proposal comes as Chinese carmakers accelerate efforts to secure manufacturing capacity in Europe amid growing trade barriers and import tariffs.

Volvo EX30 Recall Expands to China as Battery Safety Concerns Persist

The recall, which affects vehicles produced between April and December 2024, follows a larger global recall announced earlier this year and highlights the continued challenges facing Volvo’s entry-level EV.

Polestar Says Premium EV Focus Will Continue as Lineup Expands

CEO Michael Lohscheller said the company is not concerned about overlap with sibling brand Volvo as it prepares a broader lineup that includes new crossovers and estate models.

Polestar Loss Widens as Tariffs and Discounts Pressure Margins

The automaker posted a net loss of $383 million for the quarter, compared to $166 million a year earlier, while shares fell nearly 8 percent following the results.

Polestar 2 and 3 Batteries Now Use 50% Recycled Cobalt

The company confirmed that both the Polestar 2 and Polestar 3 now feature batteries containing at least 50% recycled cobalt, marking a key step in its push toward circular manufacturing.

Volvo to Discontinue EX30 in U.S. After Tariffs Raise EV Pricing

The development was confirmed in a report by Business Insider, citing a company statement.

BYD Sales Fall in February as Geely Retakes Top Spot in China EV Market

China’s electric vehicle market saw a shift in February as BYD experienced a sharp sales decline while Geely Auto moved back into the top position.

Volvo EX60 Faces Early Criticism Over Unconventional Door Handle Design

The all-electric EX60, one of Volvo’s most important upcoming models, is set to be unveiled next week and will be the first Swedish-built EV from the brand, carrying major implications for both product strategy and domestic manufacturing.

Polestar Posts Best Sales Year Ever as Retail Volumes Jump 34%

The luxury EV maker said stronger output and deliveries in the second half of the year helped stabilize operations.

Volvo Hits 500K Electric Cars Sold, With Sweden and Norway Leading

The figure highlights a rapid shift for a brand that once publicly doubted battery-only vehicles.

Polestar Secures $300M Lifeline as Geely Steps In to Stabilize Finances

The deal arrived alongside a separate agreement with its Geely parent network, underscoring growing urgency around Polestar’s balance sheet while buying management time to execute a broader turnaround strategy.

Volvo and Polestar Launch V2H Charging With New Ara Home Energy Station

The feature will launch first for Polestar 3 customers in California and for 2025 Volvo EX90 owners nationwide, allowing EVs to power homes during outages and optimize energy use.

Polestar Closes Final Physical Shop in China After Selling Just 69 Cars This Year

The Swedish-Chinese premium EV brand said it will now focus primarily on online sales.

Polestar Q2 Sales Rise 38% as First-Half Deliveries Surpass 30,000 Units

Polestar’s performance in Q2 reinforces the company’s retail-focused strategy

US Tariffs Threaten Affordability of Volvo EX30

Volvo’s compact EX30 EV risks losing its budget-friendly appeal as American tariffs make overseas-built models more expensive.

BYD ATTO 2 Officially Launches In Europe: A Compact EV Set To Take On The Competition

BYD ATTO 2 Enters Europe’s B-Segment SUV Market With Advanced Tech, Sleek Design, And A Starting Price Of €31,990

Chinese Automakers Embrace AI: DeepSeek Integration Accelerates Smart EV Evolution

Geely, Voyah, And Other Major Chinese Brands Are Leveraging DeepSeek AI To Enhance Voice Interaction, Driver Assistance, And Vehicle Intelligence