Volvo Cars, the premium car maker, and its owner Geely Holding today announce they will jointly invest RMB 5 billion (EUR 640 million) to support the initial phase of Polestar’s product, brand and industrial development.
Volvo Cars, the premium car maker, has been recognised by the United Nations for its ground-breaking electrification strategy in the latest report from the UN’s Global Compact, the world’s largest corporate sustainability initiative.
Volvo Cars is inventing a new model of car access with the launch of the new Volvo XC40 and the new ‘Care by Volvo’ subscription service. This will make having a car as transparent, easy and hassle free as having a phone: a national, flat-rate monthly fee, combined with getting a new car as early as 12 months in the program.
Volvo Cars, the premium car maker, today announces the acquisition of the platform, technology, key staff and other assets of Luxe, a US based premium valet and concierge service. This acquisition provides Volvo Cars with a major boost in the development of digital services that simplify consumer experience.