Volvo Cars to Launch 13 New Models This Decade
The lineup includes new electric vehicles and third-generation hybrids as Volvo seeks to lift EBIT above 8% and double market share.
- On Thursday, Sweden-based Volvo Cars announced plans to launch 13 new models by 2030, aiming to broaden its range and revive global sales ahead of an investor day in Stockholm.
- The strategy follows a challenging first half for the automaker, as global sales fell 11% during the first quarter and 5.6% in the second quarter compared to last year.
- Volvo will release seven models for Western markets using SPA2 and SPA3 architectures, while six additional cars developed with Geely Auto will target China.
- Under CEO Hakan Samuelsson, the company aims to double its market share while increasing its EBIT margin to over 8%, up from 3.5% in 2025.
- "Our showrooms will look very different in 2030," Samuelsson said, emphasizing the company's ambition to be the leading premium brand through its strongest product pipeline ever.
33 Articles
33 Articles
Volvo is trying to boost its sales.
Volvo is preparing for the biggest expansion of its product range in almost a century. The Swedish manufacturer has announced that it will introduce 13 completely new models by the end of 2030. Seven of these models will target Western markets, while six others will be developed specifically for the Chinese market. Although Volvo was among the first companies to declare that it intended to move away from combustion engines, the new strategy will…
Volvo Cars announced ahead of its investor day in Stockholm on Thursday that it plans to launch a total of 13 new models by 2030, broadening its range and giving new impetus to its sales. We will also cover similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is coming, where professional experts will tell you what is worth investing in now. Register here.
Dagens Nyheter.
SydsvenskanVolvo Cars will launch 13 completely new car models by the end of 2030, writes the car manufacturer Volvo Cars in a press release in connection with a capital markets day. "The product plan includes seven new cars for the Western world and six new cars for China," writes Volvo Cars.
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