Who we are
From the very outset Volvo Cars has been a brand for people who care about the world we live in and the people around us. We have made it our mission to make life easier, better and safer for everyone.
For life We want to provide you with the freedom to move in a personal, sustainable and safe way.
- PersonalWith new models of car ownership and attractive services whenever and wherever you need, we aim to make your life less complicated.
- SustainableTo help protect the world we share, we must do more than merely electrify our cars. We're committed to become a fully electric car company, and to reach net zero greenhouse gas emissions by 2040. We’re rethinking sustainability in our operations, in our cars and in society.
- SafeWe make cars for people who care about other people. So when it comes to safety, we think just as much about your surroundings as we do about you and your passengers.
2024 in figures
- 7.9bnOperating income (SAR)
- 5.6%EBIT margin
- 763.4kRetail sales in 2024 (units)
- 142.8bnRevenue (SAR)
Explore our range
We're ambitious
We want to disrupt the auto industry and be a leader in safety, sustainability, online business and set a new global people standard. Our ambitions set a clear path for us as we rise to meet our - and society’s - challenges.
- 202550-60% electrified
- 203090-100% electrified
- 202530-35% C0₂ reduction per car
- 203065-75% C0₂ reduction per car
Volvo Car Group – meet the family
Since 2021, Volvo Cars has been publicly listed on the Nasdaq Stockholm stock exchange. Our group structure includes Volvo Cars, software company Zenseact and HaleyTek, developer for Android-powered infotainment systems.
Volvo Car Group also includes sizeable stakes in our strategic affiliates: fast-growing brand LYNK & CO (30% owned by Volvo Cars) and electric performance brand Polestar (18%).
NOVO Energy is a joint venture between Volvo Cars and Northvolt (50% owned by Volvo Cars) delivering sustainable, high-quality lithium-ion batteries that will power the next generation of pure electric Volvo and Polestar cars.
