Sweden’s number one car brand was initially a part of the Ford empire but is now owned by China’s biggest independent automobile maker, Geely. With its wide range of efficient ‘Drive-E’ powertrains including plug-in hybrid vehicles- both petrol/electric and diesel/electric, Volvo has increasingly pursued a green agenda. Volvo effectively places itself in an intermediate zone, between the mainstream and premium markets.
The Swedish carmaker is traditionally known for its quality, durability and innovation in safety and still continues to build a range of luxury models that includes stylish hatches, sedans, SUVs and wagons. The Swedish automotive company, founded in 1927, is headquartered in Torslanda, Gothenburg. In 2021, the brand announced that it would turn out completely to be an electric brand by 2030.
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