China’s Zeekr to take control of sister brand Lynk, sources say
Under the deal, Zeekr will purchase Volvo Cars' entire 30% stake in Lynk and a 20% stake from Geely Holding.
Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035
Bentley delays full EV shift to 2035, launching its first electric SUV in 2026 with plans for hybrids till 2035, citing demand.
Volvo Cars seeks to oust Northvolt from EV battery venture
Volvo seeks Northvolt’s stake in their battery JV NOVO but needs a new partner to maintain gigafactory plans, aiming for 2026 production.
Biden proposal would ‘effectively prohibit’ sale of Polestar cars in US, automaker says
Polestar stated that a proposed Biden rule banning Chinese vehicle tech would "effectively prohibit" its sales in the US.
Volvo Cars cuts full-year growth outlook on EV slowdown
Volvo Cars beat Q3 profit expectations but cut its full-year sales growth forecast amid a premium market slowdown.
Volvo Cars scales back margin and revenue ambitions
After axing EV target, Volvo Cars lowers revenue and margin aims while pledging one 'technology stack' for all models.
Volvo Cars abandons 2030 EV-only target
Volvo has scrapped its all electric by 2030 target, saying it now expected to still be offering some hybrid models in its lineup...
