Volvo Cars boss Jim Rowan echoed Elon Musk, telling Business Insider he disagrees with the idea that governments should ...
The auto industry is entering 2025 facing continued challenges from weaker demand for electric vehicles and increasing competition from lower-cost Chinese EV makers. Rowan said on a call Thursday that ...
Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...
Global electric car sales Dec. 2024 up 23% YoY to 30% share. China sales up 46% to 53% share. Europe up 4% to 28% share. USA ...
Tax exemptions and cost savings draw more to EVs, but affordability is restricted by high floor price. Read more at ...
Sweden-based Volvo Cars (VOLCARb.ST) reported a fall in fourth-quarter operating profit on Thursday and predicted a turbulent 2025 with challenging market conditions. The company, which is ...