Volvo recalls 40,000 EX30 SUVs due to potential battery fire hazard
Volvo Recalls EX30 SUVs Due to Battery Fire Risk Volvo Cars is recalling over 40,000 units of its electric SUV, the EX30, because of a potential issue where the battery pack could overheat and possibly catch fire. This recall involves replacing specific modules in the high-voltage battery. The EX30 is an important model for Volvo […]
Volvo CEO calls for the EU to reduce tariffs on US cars: ‘Completely unnecessary’
Volvo’s CEO Hakan Samuelson has called on the European Union to lower car tariffs for imports into the U.S. The automotive company, primarily owned by China’s Geely Holding, is currently facing a hefty 27.5% tariff on cars imported into the U.S. In contrast, the EU imposes a 10% tariff on vehicles made in America. During […]
Volvo signals that car prices will increase because of tariffs on imports.
Volvo Cars’ CEO, Hakan Samuelsson, indicated on Friday that customers will likely bear most of the costs stemming from increased tariffs. He suggested that if taxes rise further, it may become unfeasible to import one of the more affordable cars into the U.S. In a related note, President Trump proposed a 50% tariff on goods […]
Volvo will cut 5% of its workforce at the South Carolina facility due to uncertain tariffs.
Volvo Cuts Workforce in South Carolina Plant On Wednesday, Volvo Cars announced plans to reduce its workforce by 5% at its plant in South Carolina, citing economic uncertainty linked to President Trump’s tariffs. This move will affect around 125 of the 2,500 employees working at the Charleston facility, as confirmed by a company spokesperson. Despite […]
Jaguar releases insufferably woke ad while Volvo promotes LIFE in new EX90 commercial
Some car brands have made their political leanings clear. For example, Jaguar recently released an ad that proves the company is more committed to DEI and LGBTQ+ causes than it is to selling its products. Pat Gray stars in this commercial, in which a diverse group of people in neon avant-garde clothing do…well, nothing, at […]
Volvo kills plans for all-electric lineup by 2030 amid industry shift
Volvo has announced that it has abandoned plans to sell only electric cars by the end of the decade, making the Swedish carmaker the latest automaker to backtrack on ambitious electric vehicle plans. Volvo was one of the first automakers to commit to an all-electric lineup, but the company backed away from its plans to […]
Volvo Abandons Plans to Sell Only Electric Vehicles by 2030
Sweden-based Volvo Cars has abandoned plans to sell only electric vehicles (EVs) by the end of the decade, executives said on Wednesday. “It's clear that the transition to electrification will not be linear, and customers and markets will adopt at different speeds,” Volvo CEO Jim Rowan said. said In a statement. In 2021, Volvo, along […]
Volvo reverses goal to make only EVs in 2030
Barron's Roundtable panelists discuss why some automakers are scaling back their plans to roll out electric vehicles. Volvo on Wednesday Electric Vehicles The company said it expects to continue offering hybrid models as part of its lineup through 2030. The Swedish company and other automakers see demand for EVs slowing as price-conscious car buyers turn […]
Volvo does a sharp U-turn as the boxy estates and saloons return to Britain | Volvo
It’s the kind of risky move no self-respecting Volvo wagon driver would undertake, but the Swedish car maker suddenly reversed its decision to stop selling Volvos in the UK after protests from drivers of a car that is synonymous with middle-class British family life. Last summer, Volvo made the shock announcement that it would stop […]
Autonomous big rigs from Volvo and Aurora are coming to highways
Imagine you’re driving down the highway and all of a sudden a giant autonomous 18-wheeler truck pulls up alongside you. There’s no human in the driver’s seat, just sensors and a computer guiding this 40-ton behemoth along the road. Sounds a bit unsettling, right? You’re not alone. Surveys show that 65% of people wouldn’t be […]