Volvo Cars To Launch 13 New Cars Until 2030

By Reuters News

Sept 17 (Reuters) - Geely Automobile Holdings Ltd 0175.HK:

  • VOLVO CARS LAUNCHES LARGEST-EVER PRODUCT PUSH, DEVELOPING REGIONALLY TAILORED CAR OFFERINGS

  • CARS TO LAUNCH SEVEN NEW CARS IN WESTERN MARKETS AND SIX IN CHINA

  • LAUNCHING 13 ALL NEW CARS BETWEEN NOW AND END OF 2030.

  • CARS AIMS TO DOUBLE MARKET SHARE BY EXPANDING IN ELECTRIC AND HYBRID SEGMENTS

  • CARS TARGETS EBIT MARGIN BEYOND 8 PERCENT

  • INVESTMENTS IN ITS TECHNOLOGY STACK AND MANUFACTURING WILL DECREASE FROM TODAY'S LEVELS

Further company coverage: 0175.HK

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