Volvo Archives - Karmactive

Three Polestar electric vehicles parked in a row, including the Polestar 2 sedan and Polestar 3 SUV, showcasing the company's premium EV lineup.

September 4, 2025

Polestar’s $1.03B Loss Forces Strategic Retreat: ‘We Will Not Grow in US at Any Cost’

Swedish electric vehicle maker Polestar is facing serious financial challenges after reporting a staggering $1.03 billion net loss for the second quarter of 2025. This loss, much wider than the $268 million

Business·News

Volvo’s August Sales Fall 9% as EV Demand Drops 28%

Volvo Cars reported global sales of 48,029 vehicles in August 2025, marking a 9% decrease compared to the same month last year. This continues a troubling trend for the Swedish automaker, representing the sixth consecutive monthly decline since March 2025.

September 5, 2025

Volvo Adding Hybrid to US Plant as 27.5% Tariffs Reshape Strategy

Business·News·USA

Volvo Cars announced Tuesday it will build a new hybrid model at its South Carolina plant before the end of this decade, responding to