Stellantis’ German BEV horror show
The Amsterdam-headquartered conglomerate joins Renault and Tesla in Teutonic turmoil
Volvo Cars is an unusual mix of western heritage brand and the global automotive industry's eastern financial muscle, as its majority owner is China's Geely. With the advantages of the Chinese head start in the BEV race, Volvo is a leader among legacy OEMs on the road to electrification, with an aim for all-electric to be 50pc of its overall sales mix in 2025
Sino-Swedish OEM expects impact of mid-decade ICE sales ban to be felt years in advance
The long-time European all-electric national leader has lost its crown for now
Sino-Swedish firm growing all-electric sales in Europe but struggling in US and China
Firm believes technology can cut charging times by 30pc
Customers are using the electric drive more than their ICE
Firm says January increases will be topped later in the year
The Sino-Swedish automaker is not worried about cannibalisation risk from the EV pure play start-up
The Swedish automaker is bullish both on the e-mobility revolution and working with its Chinese partners
The Sino-Swedish OEM expects further improvements in margins and volumes
With some legacy automakers losing money on their offerings, Volvo is promising healthy profits on its EX30
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