Volvo Cars to Raise $2.9B in IPO as It Looks to Go Public in Stockholm
The projected valuation of Volvo Cars in the forthcoming IPO is billed to be obtained based on the broad interest from local investors.
Volvo Cars Finalizing Deal to Gp for IPO in Sweden
The proposed IPO plan by Volvo is arguably one of its long list of strategic goals to power the capital injection that will fuel its switch to electric car production in the coming years.
Automobile Giant Volvo Cars Plans for $20 Billion IPO This Year
While there have been different anticipations for Volvo valuations, at $20 billion, the company’s valuations will be at six times its earnings.
Lidar Startup Luminar Going Public through Reverse Merger
Luminar, a Florida-based startup that makes LIDAR sensors and other components essential for autonomous driving technology, is the latest transportation company to go public via a “reverse merger” with a special acquisition company, or SPAC.
Volvo Cars Joins Responsible Sourcing Blockchain Network
Volvo car became the first carmaker to implement global traceability of cobalt used in its batteries by applying blockchain.
Volvo Cars Introduces its First Electric Car to Compete with Giants
Volvo Cars introduced its first electric car the XC40 Recharge, which is an important step in the company’s shift way to electrification.