News

Volvo Cars has pushed back large-scale production at its factory under construction in Slovakia to early 2027 from 2026 to ...
Volvo Cars will support Polestar for production at new plant slated for SOP – with upcoming Polestar 7 model - in 2028.
Hopefully Polestar's first model produced in Europe will be able to avoid some of the tariffs swirling around the world.
Polestar has signed a Memorandum of Understanding with Volvo Cars for the Polestar 7 to be produced in Košice, Slovakia.
Polestar plans to produce its forthcoming premium compact SUV, the Polestar 7, at a new Volvo Cars factory in Kosice, ...
Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of working with Chinese majority owner Geely [RIC:RIC:GEELY.UL] to cut costs ...
Geely would need to come up with $2.2 billion to purchase the remainder of the brand’s stock. Despite going private, Shufu says that Geely and Zeekr will maintain cooperation and collaboration ...
Geely has been met with resistance from investors regarding its $2.2bn take-private bid for its electric car unit, Zeekr, reported Reuters. Early investors, including Contemporary Amperex ...
Geely’s acquisition of Lotus began brightly: Lotus was in dire straits and Geely swooped in to save the day. In the early days, things were looking up. It built gradually, invested in Hethel and ...
Polestar (Nasdaq: PSNY) is taking the next step in diversifying its contract manufacturing footprint by expanding it to ...
Those measures would bring Volvo back in line with Geely, which wants to sell more than 5 million cars annually by 2027, a jump of 53% or more over the 3.272 million units it sold globally in 2024.