Our story
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.
Personal
With new models of car ownership and attractive services whenever and wherever you need, we aim to make your life less complicated.
Sustainable
To 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.
Safe
We 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
22.3bn
Operating income (EBIT) (SEK)
5.6%
EBIT margin
763.4k
Retail sales in 2024 (units)
400.2bn
Revenue (SEK)
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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.
Towards fully electric
Our long term aim is to become a fully electric car company. With five fully electric cars (EVs) already on the market and another five models in development, full electrification is a key pillar of our product strategy.
2025
50-60% electrified
2030
90-100% electrified
2025
30-35% C0₂ reduction per car
2030
65-75% 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 stakes in our strategic affiliate, the electric performance brand Polestar (18%).
We're global
Since 1927, our global headquarters has remained in our hometown, Gothenburg, Sweden. Our Americas head office is in Mahwah, New Jersey; our APAC head office is in Shanghai.
We produce cars in Gothenburg (Sweden); Ghent (Belgium); Charleston (US); Chengdu, Daqing and Taizhou (China). Our cars are sold in more than 100 countries.
Watch this film to learn more details about our global presence.
From past to present
Our unique heritage forms what we do today and shapes the way we think of the future. Come with us on an exciting trip down memory lane and learn more about our eventful history and iconic cars.
Explore our heritage
Corporate information
Our Investors section will guide you through our company's leadership, reports, governance and other corporate information.
Explore our investors