Volvo Cars Global Media Newsroom

Volvo Cars signs EUR 1.3 billion sustainability-linked revolving credit facility

Volvo Cars has signed a EUR 1.3 billion sustainability-linked revolving credit facility, renewing an undrawn EUR 1.3 billion credit facility signed in 2017. The successful transaction underlines the growing confidence in the company’s financial and operational transformation.

Volvo Cars joins forces with hometown Gothenburg to help create climate-neutral city

With the aim of achieving a climate-neutral city by 2030, Volvo Cars teams up with the City of Gothenburg in Sweden for the creation of new urban zones that will be used as testbeds for future sustainable technologies.

Volvo Cars reports strongest second-half sales in company history on pandemic recovery

Volvo Cars reported the strongest second-half sales numbers in the company’s history in 2020, as fast-growing demand for its electrified cars boosted the company’s recovery from the COVID-19 pandemic impact.

Volvo Cars to triple electric production capacity in Ghent after strong year of electrified car sales

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars.

Volvo Cars to produce electric motors in Skövde, Sweden

Volvo Cars will assemble electric motors at its powertrain plant in Skövde, Sweden, and plans to establish complete in-house e-motor production by mid-decade. It will invest 700 million SEK to this end in coming years.

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