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.
50 Articles
50 Articles
Volvo Splits 13-Vehicle Future Product Plan Between China and the West
Volvo is planning 13 new electrified vehicles by 2030, but the more important part of the product plan is where and how those models will be developed and how much common hardware they will share. As it happens, the Swedish automaker is splitting the program between seven vehicles for Western markets and six designed specifically for China with Geely's help. Volvo is also targeting an EBIT margin above 8 percent and stronger cash gen... (continu…
VOLVO is preparing the largest production offensive in its 99-year history.
After severe losses, the Swedes are planning a model offensive. Corporate CEO Samuelsson sets ambitious targets – and relies on Chinese mother Geely.
Gothenburg is embarking on its most ambitious expansion of its product portfolio in nearly a century, announcing a massive global product offensive with 13 models designed to double its market share by 2030. In a sharp departure from a “one size fits all” strategy, the Swedish automaker is spreading its model launches by region: seven new models will target Western markets, while six specially developed cars will be created jointly with parent c…
With a broad-based model offensive, Volvo wants to double its market share and increase profitability. By 2030, 13 new models will come - from e-cars to hybrids. Burner technology will play a greater role again.
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