
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.
The projected valuation of Volvo Cars in the forthcoming IPO is billed to be obtained based on the broad interest from local investors.
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.