Volvo News
Volvo is now Google’s leading automotive development partner, meaning its customers will get access to new Android software that rivals might not be able to offer for years.
Polestar has also scaled back its presence in China and is expanding in Europe and the U.S. in a bid to boost its sales.
Volvo said it remained committed to its long-term future in the U.S. and that it was balancing investments with the need to reduce costs.
Volvo says the newest member of its lineup has an electric-only range of 200 km (124 miles).
Volvo agreed with Northvolt to take over its 50 percent stake in the company following the battery maker’s bankruptcy.
Rick Bryant, Polestar North America's operations chief and a Volvo Cars veteran, will take the top job overseeing the U.S. and Canada markets.
Trump’s tariff tweaks; B.C. unplugs EV rebates; and Magna’s autonomous vehicles. Plus, Country Manager at Polestar Canada Hugues Bissonnette talks about targeting Tesla drivers with enticing rebates, discusses tariffs, and speaks about the road to electrification.
Polestar joins other automakers including Stellantis, GM and Volvo in pulling their forecasts on warnings of profit and revenue hits.
Automakers have struggled to tally the impact of the tariffs as the Trump administration continues to change its position, following up initial threats of tough levies with caveats, exemptions and delays.
Hakan Samuelsson says the new model is likely to be an SUV, but he will meet with U.S. dealers to get feedback before Volvo makes a final decision.
