1. Volvo Cars is a Swedish brand;

2. Volvo was founded in 1927 in Gothenburg, Sweden;

3. Volvo Cars The production of trucks, buses, special-purpose vehicles and other non-cars belongs to the Volvo Car Group; in 2010, the Chinese automobile company Zhejiang Geely Holding Group purchased the Volvo car business from Ford and obtained ownership of the Volvo car brand. Volvo cars are owned by the Chinese car company Zhejiang Geely Holding Group.

Extended information:

Volvo brand introduction:

In February 2011, Volvo Cars China R&D Center was established, located in Jiading, Shanghai, one of the Chinese automobile industry clusters. district. The center is positioned as part of global R&D and is responsible for the development and production of complete vehicle and engine projects. Continuously contribute more forward-looking technological development results to ensure technological leadership in global R&D; at the same time, it also assumes some of Volvo's global development responsibilities.

Volvo’s first gasoline plug-in hybrid S60L PHEV was launched on the market, becoming the first domestically produced luxury new energy vehicle in the Chinese market. The China R&D Center introduced Volvo's SENSUS connected intelligent system to the Chinese market.

In 2012, Volvo Construction Equipment and Shanghai Pudong New Area signed a memorandum of understanding to establish a regional headquarters in China, setting up Shanghai as the regional headquarters of Volvo Construction Equipment and optimizing Volvo Construction Equipment’s investment structure in China. Through Volvo Construction Equipment's Jinan R&D Center, we research and develop complete machines, assemblies and component products suitable for emerging markets. Promote the development and upgrading of Volvo Construction Equipment's strategy in China.

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Volvo Cars official website - web link