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Company Owner Notes Koenigsegg (1994–present) [1]Lynk & Co (2016–present): Geely: Collaboration between Volvo Cars and its parent company Geely: Polestar (2017–present): Geely through Volvo Cars in 2015
Polestar's showroom in Oslo, Norway. In October 2017, Volvo Cars and Geely Holding announced that Polestar would become a standalone brand focusing on electric cars. [27] The brand introduced the Polestar 1 on 17 October 2017, a 2+2 coupé inspired by Volvo's Concept Coupé introduced in 2013, which includes influences from the Volvo P1800.
The family-oriented, safety-obsessed Swedish carmaker, has won huge market share with young families over its nearly 100-year history thanks to its low injury rates in collisions.
Swedish aircraft manufacturer AB Thulinverken in Landskrona started building automobiles in 1920. The car was based on a design from German manufacturer AGA . [ 6 ] The production was limited and when Volvo started production in 1927 Thulin left the automobile industry after some 500 cars had been built.
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Another is Swedish carmaker Volvo, which is trying to buy more “green steel.” And Kerry pointed out that major airlines have agreed to use more sustainable aviation fuel .
In 2005, Volvo introduced to the Swedish market the company's first E85 flexifuel models. Volvo introduced its S40 and V50 with flexible-fuel engines, joined in late 2006 by the then new C30. All Volvo models were initially restricted to the Swedish market, until 2007, when these three models were launched in eight new European markets. [116]
NEVS AB (an abbreviated form of "National Electric Vehicle Sweden") was a Swedish electric car manufacturer which acquired the assets of Saab Automobile from a bankruptcy estate in 2012. [1] After facing numerous financial difficulties, the company resigned most of its employees in March 2023, with both Polestar and EV Electra interested in ...