By Mark McSherry Scottish businessman and investor Jim Rowan is to join Volvo Cars on March 21, 2022, as CEO & President, the company said. Rowan,…

Shares of Volvo Cars soared on their Nasdaq Stockholm stock market debut on Friday after the firm completed one of Europe’s biggest IPOs of the…

Volvo Cars has announced its intention to launch an initial public offering (IPO) and to list its class B shares on Nasdaq Stockholm, with some…

Swedish electric car maker Polestar announced it will go public by merging with a special purpose acquisition company (SPAC) backed by billionaire Alec Gores and…

Three major European truck manufacturers — Volvo Group, Daimler Truck and the Traton Group — have signed a non-binding €500 million agreement to install and operate…

Volvo Car Group has announced it intends to establish a joint venture with Swedish battery firm Northvolt to develop and produce more sustainable batteries which…

Sweden’s Volvo Group announced it plans to distribute to shareholders all of the roughly 19 billion Swedish kronor ($2.3 billion) it received from the sale of…

Volvo Cars has announced it will evaluate the possibility of an initial public offering (IPO) on the Nasdaq Stockholm stock exchange later this year. The…

Volvo Cars has announced it will give all its 40,000 employees worldwide with at least one year’s service 24 weeks paid parental leave “at 80%…

Volvo Cars announced it plans to become a fully electric car company by 2030 — and will phase out any car in its global portfolio with…

Volvo Cars said on Wednesday it successfully placed its first green bond, “raising €500 million from a diverse group of institutional investors and further increasing…

China’s Geely Holding has agreed to buy an 8.2% stake in Swedish truck maker AB Volvo from activist investor Cevian Capital for roughly $3.3 billion. Geely…

Swedish car manufacturer Volvo Cars said it will be phasing out solely combustion engine-powered cars and that every car it launches from 2019 will have…

Swedish lithium-ion battery producer Northvolt announced the signing of a $5 billion “non-recourse project financing” to expand Northvolt Ett, its battery factory in northern Sweden. The…

Swedish lithium-ion battery producer Northvolt announced the raising of $1.2 billion to finance plans for its further European and North American expansion. Northvolt said the…

Hydrovolt, a giant battery recycling joint venture between Swedish lithium-ion battery firm Northvolt and Norwegian aluminium maker Norsk Hydro, has started commercial recycling operations at its…

Hertz announced it will buy up to 65,000 electric vehicles (EVs) over five years from Polestar, the Swedish all-electric car maker controlled by Volvo Car AB and its owner Zhejiang…

Global company dividends rose 16.8% on a headline basis to a record $1.47 trillion in 2021, with mainland European dividends rebounding 36.1% to $229.3 billion, according…

Northvolt announced that its new gigafactory in Västerås, northern Sweden, has assembled its first lithium-ion battery cell, making it the first European company to design and manufacture…