Volvo Cars is fundamentally changing how and where to meet its customers, and will transform the current wholesale model by moving online and with strong customer relationships.
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 and its strategic affiliate Polestar can confirm that they will reduce fleet emissions beyond their joint CO2 target for 2020 as defined by the regulations set by the European Commission, adding further credibility to both companies’ strategic focus on electrification.
Volvo Cars celebrated a milestone today as it started production of the company’s first fully electric model, the XC40 Recharge SUV, at its manufacturing plant in Ghent, Belgium.
Volvo Cars today successfully placed its first green bond, raising EUR 500m from a diverse group of institutional investors and further increasing the company’s financial flexibility.