TechElectrekabout 2 hours ago
Volvo EX60 Orders Hit 50,000 Amid Production Lag
2 min read
Volvo reports over 50,000 orders for the EX60 in Europe since April production began, yet only 5,000 units have been built due to new industrial technology. The company cut 2,500 jobs globally, including 2,000 in Sweden, following a third-quarter loss of SEK -3.7 billion. CEO Håkan Samuelsson warns financial impacts will not be realized until volumes improve in early 2027.
Level
Hype check
Tap to vote and see what everyone thinks.
