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Volvo Cars launches largest - ever product push , developing regionally tailored car offerings Sep 17 , 2026 07:00 Volvo Cars reveals the largest and most ambitious global product push in its 99 - year history , launching 13 all new cars between now and the end of 2030 . By then , Volvo Cars will have a clear regionalised portfolio with electrified cars , all - electric as well as third - generation hybrids , developed for regional markets . The product plan contains seven new cars for Western markets , and six new cars for China . More details will be revealed during Volvo Cars ' Strategy Update later today in Stockholm . With the product plan , Volvo Cars aims to double its market share by increasing its addressable market in the fast- growing fully electric ( BEV ) segment , as well as with third - generation hybrids for customers still reluctant to go fully electric . This new product offensive will be a significant factor in Volvo Cars ' efforts to build a company that in the long term is capable of achieving strong growth and an EBIT margin beyond 8 per cent . " Our showrooms will look very different in 2030. This is our strongest product pipeline ever , tailored to regional needs , and emphasises our ambition to be the leading premium car brand , " says Håkan Samuelsson , president and CEO . The new product push will also include cars in new segments , broadening the offer in each of its three main regions : Europe , the US and China . It will take Volvo Cars into the next era of design and broaden the range of the Volvo brand . As the new software - defined and electrified cars for Western markets will use the company's industry - leading HuginCore computing platform and be based on the SPA2 and SPA3 architectures , investments in its technology stack and manufacturing will decrease from today's levels . By using its unique collaboration with Geely , Volvo Cars will develop attractive new and electrified cars that are extremely competitive in China . The two companies will also work together on shared platforms , a dedicated tech stack for China and a shared parts and supply chain to develop cars in a highly cost - efficient way . Volvo Cars will combine its product offensive with a new commercial model built on simplicity , transparency and precision . Getting a new Volvo will become even easier , with transparent pricing , streamlined offers and with special fast - delivery versions . Regular over - the - air software updates and a convenient and all - inclusive Care offer are aimed at further building the relationship between Volvo Cars and its customers . " Our product offensive builds on four unique strengths : regionalised product offerings , leadership in electrification , unique synergies with Geely , and complete customer offers that goes beyond the car alone , " says Håkan Samuelsson . " Enabled by a high - performing organisation and affordable frames for investment and cost , these strengths position us for growth and increased profitability . " The Volvo Cars Strategy Update , an event for investors and media in Stockholm , takes place between 9-12 CET and will be livestreamed online here . About Volvo Car Group Volvo Cars was founded in 1927. Today , it is one of the most well - known and respected car brands in the world with sales to customers in more than 100 countries . Volvo Cars is listed on the Nasdaq Stockholm exchange , where it is traded under the ticker " VOLCAR B " . " For life . To provide freedom to move in a personal , sustainable and safe way . " This purpose is reflected in Volvo Cars ' ambition to become a fully electric car maker and in its commitment to an ongoing reduction of its carbon footprint , with the ambition to achieve net - zero greenhouse gas emissions by 2040 . In 2025 , Volvo Cars sold over 710 thousand cars , with an electrified share of 46 % . Volvo Cars on average employed 42,600 full - time employees . Volvo Cars ' head office , product development , marketing and administration functions are mainly located in Gothenburg , Sweden . Volvo Cars ' production plants are located in Gothenburg , Ghent ( Belgium ) , South Carolina ( US ) , Chengdu , Daqing and Taizhou ( China ) . The company also has R & D and design centres in Gothenburg and Shanghai ( China ) . For further information please contact :