The Latest Breaking News from Volvo

Google is also expanding its support for digital car keys.

In July, plug-in electric car sales in Europe noted the highest year-over-year growth rate so far this year, as both BEVs and PHEVs were up.

In August, Volvo sold 2,673 rechargeable cars (up 94% year-over-year), which represented about 25% of the brand's total volume.

Nearly three-quarters of Generation Z (people born between 1996 and 2010) follow at least one influencer on social media platforms and 44% buy things based on influencers’ recommendations.

With the pent-up demand for new vehicles, improving inventory levels, and growing transition to EVs worldwide, the automotive industry is well-positioned for robust growth and expansion. Therefore, fundamentally strong auto stocks Stellantis (STLA), Volvo (VLVLY), and Rolls-Royce (RYCEY) could be valuable additions to your portfolio for impressive gains. Keep reading….

The real deal debuts in November.

Polestar announced the cumulative production of the Polestar 2 model exceeded 150,000, since the model entered production in China in 2020.

Volvo Cars has just teased another upcoming all-electric model - the Volvo EM90, which will be the company's first electric premium MPV.

The first MPV from the Swedish brand will be sold exclusively as an EV.