Volvo Cars logo — For a better future. We want to provide you with the freedom...

Volvo Cars

For a better future. We want to provide you with the freedom to move in a personal, sustainable, and safe way.

Founded 1927 Sweden Sweden 29309 employees Post-IPO Debt Total: $7.42B Manufacturing, Mobile +2

General Information

Company Name Volvo Cars
Founded Year 1927
Location Sweden Sweden
Founders / Decision Makers
Team member
Employees 29309
Industries Manufacturing, Mobile, Transportation +1
Funding Stage Post-IPO Debt
Social

BounceWatch is an independent company data service, not affiliated with Volvo Cars. To contact Volvo Cars, visit volvocars.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

About Volvo Cars

Volvo Cars is a renowned manufacturing company founded in 1927 with its headquarters in Sweden. The company's mission, encapsulated in the slogan "For a better future," emphasizes their commitment to providing freedom to move in a personal, sustainable, and safe manner. Their emphasis on people-centric innovation is reflected in their dedication to simplifying customers’ lives by offering superior technology solutions that have a positive impact on the world. Volvo Cars' latest substantial investment of €420.00MPost-IPO Debt was secured on 04 January 2024 from the EIB. This investment underscores the company's trajectory towards pioneering mobility innovations that prioritize the safety and well-being of individuals and their communities. The company's goal to lead the way in safety, autonomous driving, and electrification technologies is underpinned by a commitment to fostering a collaborative, diverse, and inclusive working environment. In conclusion, Volvo Cars' notable expansion and its vision for the future make it an appealing prospect for venture capital consideration. With a strong emphasis on technological advancement and a commitment to sustainability and safety, Volvo Cars stands at the forefront of the transportation industry, offering significant potential for a successful investment.

Taxonomy: Automotive, Premium Cars, Safety, Innovation, Electric Vehicles, Human-Centric Design

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt €420.00M 1
European Investment Bank
04 Jan 2024
Post IPO Debt kr1.50B -
22 Feb 2023
Post IPO Debt €500.00M -
24 May 2022
Private Equity Round kr5.00B 3
Swedish pension fund AMF, Första AP-fonden +1
20 Dec 2016

Volvo Cars Alternatives & Competitors

Volvo Cars vs
Lucid Motors
Lucid Motors United States

Compromise nothing.

Series C
6227 employees
Transportation, Autonomous and Sensor Tech
Volvo Cars vs
General Motors
General Motors United States

Join us on our journey toward a world with zero crashes, zero emissions and zero congestion.

Grant
98119 employees
IT, Manufacturing
Volvo Cars vs

"Breaking the Automotive Paradigms”

1 employees
E-Commerce, Manufacturing

FAQ About Volvo Cars

For a better future. We want to provide you with the freedom to move in a personal, sustainable, and safe way.
Volvo Cars was founded in 1927.
Volvo Cars is headquartered in Sweden.
Volvo Cars operates in Manufacturing, Mobile, Transportation and Automotive. Its work centres on Automotive, Premium Cars, Safety and Innovation.
Volvo Cars has approximately 29309 employees.
Volvo Cars has completed 4 funding rounds, raising a total of $7.42B. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Volvo Cars include Lucid Motors, General Motors, LM&TH E-Automotion., WM Motor 威马汽车, SEAT S.A.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Volvo Cars and Lucid Motors are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Volvo Cars, https://bouncewatch.com/company/volvo-cars, updated 30 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes