Big profile of Volvo’s owner, Geely, and its founder, Li Shufu

US-made 2025 Volvo EX90 priced under $80,000 tax-credit cap

2025 Volvo EX90Volvo has announced pricing and opened pre-orders for the 2025 EX90 electric SUV. U.S. versions of the EX90 will start at $77,990 in its seven-passenger layout, while the six-passenger layout with captain’s chairs will start at $78,490 (all prices include the $1,295 destination fee). That means at least some of the lineup is likely to be EV...

EV battery prices are dropping again

Audi battery assembly at Brussels, Belgium, factoryFollowing substantial increases in 2022, EV battery prices are falling again, according to new analysis from Bloomberg New Energy Finance (BNEF). Lithium-ion battery pack prices have fallen 14% this year to a record low of $139 per kwh, BNEF reported this week. This was driven by decreases in raw-material and component prices, as well as...