Volvo Could Be Forced To Slash Facelifts And R&D Projects To Save Money, EV and Autonomus Programs Safe

The ongoing Coronavirus pandemic has put a colossal strain on the financial resources of nearly all the world’s automakers. They have been forced to close dozens of plants and even other aspects of their operations to try and slow down the spread of COVID-19. Further squeezing things are the closures of dealerships that have turned off a very key flow of money for these corporations. As a result, a few companies are getting creative with where they are cutting costs, and it appears that Volvo could possibly go down this route if things don’t improve soon. A new report that …

Read more Volvo Could Be Forced To Slash Facelifts And R&D Projects To Save Money, EV and Autonomus Programs Safe

Volvo Reveals Polestar 2 EV Ahead of Geneva, Boasts 275 Mile Driving Range

These days, the various claims of companies unveiling “Tesla Killer” entries has become a consistent and borderline repetitive narrative in the automotive industry. But the continued success of the Model 3 sedan, as well as the Model X and S do symbolize the rapid and dominating presence that Tesla has managed to achieve in the marketplace. But that hasn’t stopped Volvo from unveiling its Model 3 competitor, and it appears that at long last, another automaker has managed to create a contender capable of waging war with the Model 3 on equal terms. Dubbed the Polestar 2, the new EV …

Read more Volvo Reveals Polestar 2 EV Ahead of Geneva, Boasts 275 Mile Driving Range