Volvo Car AB

VOLCAR B

Equity

ISIN SE0021628898 / Valor 134364517

NASDAQ Nordic Exchange Stockholm, Equities (2024-09-17)

SEK 25.52+4.21%

Volvo Car AB
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About company

Volvo Car AB, a distinguished player in the global automotive industry, has its roots deeply embedded in Gothenburg, Sweden since its inception in 1927. The company has evolved to become a multifaceted entity, engaging in the design, development, manufacture, and marketing of a wide range of vehicles. Notably, Volvo Car AB has expanded its business beyond traditional car manufacturing to include strategic partnerships and joint ventures that underscore its commitment to innovation and sustainability. Among these ventures, HaleyTek, co-owned with ECARX, focuses on developing advanced infotainment platforms based on Android Automotive. Additionally, the joint venture NOVO Energy, in collaboration with Northvolt, signifies Volvo's forward-thinking approach by producing sustainable lithium-ion batteries aimed at powering the next generation of electric vehicles, including Volvo and Polestar cars. The company's portfolio is further diversified through its software arm, Zenseact, and its mobility service, Volvo On Demand. Volvo Car AB's strategic investments include a 30% ownership in LYNK & CO and an 18% stake in the electric performance brand Polestar. Since 2021, the company has been listed on the Nasdaq Stockholm stock exchange, marking a significant milestone in its corporate journey. With its global headquarters in Sweden, Volvo Car AB also operates key regional offices in Mahwah, New Jersey (Americas), and Shanghai (APAC), reflecting its expansive global footprint and enduring commitment to automotive excellence.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Latest Results ():

Summarized from source with an LLMView Source

Key figures

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Performance

56.2%1Y

56.2%3Y

56.2%5Y

Volatility