Volvo Cars was founded in Sweden in 1927. "Volvo" comes from the Latin word for "rolling forward". Today, Volvo products are sold in more than 100 countries and have become one of the world's well-known and prestigious luxury car brands. In 2021, Volvo Cars was listed on the NASDAQ Stockholm Stock Exchange under the symbol "VOLCAR B".
Volvo Cars' mission is to provide a personal, sustainable and safe way for everyone to travel without worry. Therefore, Volvo Cars has set the goal of becoming a pure electric luxury car enterprise by 2030, and is committed to continuously reducing the carbon emission of the whole life cycle of the automobile, striving to become the global climate zero-load benchmark enterprise by 2040.
Volvo Cars' full-year revenue reached SEK 330.1 billion and operating profit of SEK 22.3 billion in 2022, both hitting record highs.
At the beginning of its birth, Volvo Cars was people-oriented, designed for the masses who care about the common home of mankind and the people around them. Our mission is to make life easier, better and safer for everyone.
Volvo Cars is committed to creating safe, healthy and environmentally friendly automotive products for consumers. The luxury values of safety is luxury, health is luxury and environmental protection is luxury have long been favored by car owners.