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Published stories matching “Volvo Cars”.

  • Charles Hurst has signed deals with Chinese automakers Geely and Changan to open new Belfast showrooms on Boucher Road. The Changan dealership will feature the fully electric Deepal S07 and S05 compact SUVs, while the Geely showroom will sell the electric EX5 SUV and hybrid Starray EM-I. Geely, which owns Volvo and Lotus and ranks as the world's seventh largest automotive maker, entered the UK market last year and plans to launch 10 new models over the next three years as part of a strategy to sell 100,000 cars annually.

    Why it matters: The expansion of Chinese EV brands into Northern Ireland signals growing competition in the UK market and potential demand for charging infrastructure to support new electric models. With BYD already operating dealerships in Derry and Belfast, and Geely targeting 100,000 annual UK sales, charge point operators may see increased installation opportunities at dealership sites and across the region.

  • Volvo Cars confirmed its XC70 midsize SUV, an extended-range plug-in hybrid launched in China in August 2025, will take additional time to reach Europe as the company adapts the vehicle for regional requirements. Chief Commercial Officer Erik Severinson described the XC70 as a bridge product to help customers transition to battery electric vehicles, positioning it alongside the XC60 and EX60 in the midsize SUV segment. Chief Strategy and Product Officer Michael Fleiss stated the company needs time for market adaptation before the European rollout.

    Why it matters: The delayed European launch signals potential infrastructure planning windows for charge point operators targeting Volvo's plug-in hybrid customer base, while the carmaker's emphasis on PHEVs as transition vehicles may influence medium-term charging demand patterns in the midsize SUV segment.

    Volvo (se)Europe25 Feb 2026 · date approximateSource
  • Volvo Cars has shut down its battery cell manufacturing subsidiary Novo Energy, citing an inability to secure a technology partner. The Swedish carmaker had launched the unit to develop in-house cell production but will now rely on external suppliers for its electric vehicle battery needs. The closure marks a retreat from vertical integration in battery manufacturing amid broader industry consolidation.

    Why it matters: The decision signals that even major OEMs face challenges in building independent cell production, potentially increasing reliance on established battery suppliers and affecting future procurement strategies. For charging infrastructure operators, this underscores the concentration risk in the battery supply chain that underpins the vehicles using their networks.

    Volvo Cars (se)Novo Energy (se)SwedenGlobal14 Jan 2026 · date approximateSource