Thursday, November 14, 2024
Volvo Cars pioneers the world's first EV battery passport for its EX90 SUV, tracking raw materials, components, recycled content, and carbon footprint. Volvo leads the industry by issuing this innovative passport three years ahead of EU regulations. The passport utilizes blockchain technology and will be produced in Volvo's South Carolina facility.
Volvo is revolutionizing road safety with the introduction of an innovative feature designed to alert drivers about nearby crashes and accidents ahead. This system, akin to popular navigation apps, empowers drivers to stay informed and take proactive measures for safer and more secure journeys.
Rare JDM Volvo V70R is being auctioned in the U.S., a 1998 model, originally sold in Japan, now on Bring a Trailer. Low mileage, preserved plastic wrappings on seats, and unique JDM features make it a standout. With 3 days left, bidding at $4,166 presents a chance to own this piece of automotive history.
Volvo's electric minivan, the EM90, has officially entered production in China, showcasing a sleek design inspired by Zeekr 009 and other Geely models. Priced at $114,000, the EM90 competes with electric minivans like the Chrysler Pacifica Hybrid and Honda Odyssey Hybrid. With a range of over 300 miles and fast-charging capabilities, it sets a new standard for luxury, versatility, and performance in the electric minivan market. Initial deliveries are scheduled for March, offering a sophisticated and comfortable experience reminiscent of a Scandinavian living room on wheels.
Volvo's shares surged by more than 26% as it revealed plans to end financial support for subsidiary Polestar Automotive. The move could see Geely Holding, Volvo's majority shareholder, taking over the struggling luxury car brand. Volvo is considering modifying its ownership stake in Polestar, which could involve distributing shares to its own shareholders.
Volvo faces delivery delays for the EX30 EV due to software issues, marking the second such incident following the EX90. The automaker acknowledges the problem and is diligently working on a solution, with software version 1.2 still requiring some adjustments.