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  1. Volvo News Blog
    Although Volvo has decided not to wait for a dedicated platform to start producing EVs, it may still get one soon. Geely unveiled its Sustainable Experience Architecture (SEA), which it says will be used by 16 all-new electric vehicles.   Volvo’s XC40 Recharge and the Polestar 2 both used a...
  2. Volvo News Blog
    Along with the rest of the automotive world and, indeed, the rest of the economy, Volvo is warning that its 2020 earnings will be affected by the coronavirus. "The weakening market and production disruptions will impact the first half year results negatively as sales, profit and cash flow are...
  3. Volvo News Blog
    Volvo’s parent company Geely is investing more than $325 million in satellite manufacturing to provide more accurate data for self-driving cars. The investment will allow Geely to build a plant in China, reports Automotive News Europe . The company plans to produce 500 satellites per year by...
  4. Volvo News Blog
    Volvo Cars, cast off by a struggling Ford and subsequently picked up by an expansionist Geely 10 years ago, might forge closer ties with its Chinese parent. The relationship could become a marriage. On Monday, Geely said the two companies have begun talks on turning the two entities into a...
  5. Volvo News Blog
    Performance EV brand Polestar has brought the pure-electric Polestar 2 one step closer to production, with tooling trial prototypes of the brand-new car model now rolling off the line at Geely's Luqiao facility in China. The car is Polestar's second production model after the Polestar 1...
  6. Volvo News Blog
    Volvo’s internal combustion design unit is being spun off and combined with Geely’s unit to a form one, new standalone business. This, say the companies, will allow Volvo to focus on the electrification of its range. After teasing the electric XC40, this marks another proclamation of Volvo’s...
  7. Volvo News Blog
    Geely group has just announced that it's launching a new brand. The company's first all-EV brand will be called Geometry, and the first model will be called A. The company says that the brand's name comes from, and this isn't really going to be a surprise, "mathematical geometry which emerged...
  8. Volvo News Blog
    Lotus Cars has entered a technical partnership with Williams Advanced Engineering to research and develop advanced propulsion technologies - namely electric motors and batteries. Williams Advanced Engineering is the engineering offshoot of the Williams Formula 1 team. Lotus says it wanted to...
  9. Volvo News Blog
    Part of the resurgence of Lotus means that production of the company's vehicles could move from the company's quaint historical Hethel roots to a new facility in Wuhan, China, according to a new report. “Lotus Cars is undergoing an exciting resurgence with the backing of Geely, and expanding...
  10. Volvo News Blog
    Geely, the parent company of Volvo (and Lotus) has just bought a big piece of real estate in Utah. The company has just gotten approval to buy the Utah Motorsports Campus in Tooele County. That's about 30 minutes west of Salt Lake City. It's the facility known as Miller Motorsports Park until...
  11. Volvo News Blog
    Lotus cars is celebrating a big anniversary this year. To have a big celebration, you need somewhere to have it. So the automaker is unveiling some big developments to its Hethel, UK, headquarters. Like a new customer experience center, heritage center, and museum. The new buildings are...
  12. Volvo News Blog
    Zhejiang Geely Holding Group, the massive Chinese conglomerate that owns Volvo Cars and a controlling stake in Lotus, wants to turn the British sports car maker into a big deal. Potentially, a deal big enough to give Porsche bouts of anxiety. That’s what sources with knowledge of Geely’s plans...
  13. Volvo News Blog
    Volvo is looking at launching a public share offering, but reports say that investors might value the company less than the owners do. Citing persons close to the deal who asked not to be named, Bloomberg says that there's a gap between what China's Zhejiang Geely things the Swedish automaker...
  14. Volvo News Blog
    Lotus CEO Jean-Marc Gales has stepped down from his position with the British company. Gales is credited with helping to return Lotus to profitability after it suffered years of losses under the leadership of former CEO Dany Bahar. Gales had been with Lotus since 2014 and helped to reduce...
  15. Volvo News Blog
    Some Volvo senior staff were worried that the move to build cars in China could lead to a drop in production quality. But a senior VP with the company says the China-built cars are actually better than the European models. Robin Page, Volvo senior VP of design, told Australian publication...
  16. Volvo News Blog
    Now that Lotus is part of the Geely family, it will be able to make the most of technology developed by a number of the Chinese parent company’s brands. The relationship it has so far expressed the most interest in, though, is the one with Volvo. Jean-Marc Gales, Lotus’ CEO, recently told...
  17. Volvo News Blog
    The head of Geely is now the biggest single shareholder of Daimler. A German business magazine says that the purchase of those shares could lead to Daimler buying a part of Volvo and possibly supplying engines to the Swedish automaker. Financial filings from February showed that Geely chair Li...
  18. Volvo News Blog
    The CEO of Lotus has confirmed that the brand known for no carpet, exposed linkage, no gram left behind sports cars is building an SUV. Oh, and it's probably going to be based on a Volvo. Why is Lotus building something so far off the brand's core values? That's an easy answer. Money. Go after...
  19. Volvo News Blog
    When Li Shufu, head of Geely, revealed that he had bought nearly 10% of Daimler's shares last month, he said that it was in an effort to ward off tech industry outsiders who were looking to take over the automotive industry. Executives at both Daimler and the Geely-owned Volvo, though, are...
  20. Volvo News Blog
    Is a seemingly unstoppable Chinese automaker slowly amassing a significant ownership stake in Germany’s Daimler AG? That’s what sources tell Bloomberg . According to the news outlet, sources claim Geely Auto Group, which owns the Volvo, Lotus, and the mysterious Lynk & Co. car brand is...
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