About Volvo Group
Volvo Group is a company based in Goteborg (Sweden) founded in 1927.. The company has 101,590 employees as of December 31, 2024. Volvo Group has completed 4 acquisitions, including Designwerk, Renault Trucks and Swecon. Volvo Group operates in a competitive market with competitors including NEVS, Ford and Leo Motors, among others.
- Headquarter Goteborg, Sweden
- Employees 101590 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Volvo Ab Class A
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Annual Revenue
$47.76 B (USD)-4.61as on Dec 31, 2024
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Net Profit
$4.57 B (USD)1.13as on Dec 31, 2024
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EBITDA
$7.97 B (USD)-11.22as on Dec 31, 2024
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Latest Funding Round
$44.79 K (USD), Grant
Feb 01, 2021
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Investors
Renault Group
& 3 more
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Employee Count
101590
as on Dec 31, 2024
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Investments & Acquisitions
Designwerk
& 3 more
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IPO & Listings of Volvo Group
Volvo Group is a publicly listed company on the OMXSTO with ticker symbol VOLV_A in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
362 people
Leadership Team
87 people
Senior Team
57 people
Product Management Team
53 people
Human Resources and Administration
43 people
Finance and Accounting
23 people
Creative and Marketing Team
20 people
Head Team
18 people
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Funding Insights of Volvo Group
- Total Funding Total Funding
- Total Rounds 20
- Last Round Grant — $44,794
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Grant - Volvo Group | Valuation |
investors |
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| Dec, 2020 | Amount | Grant - Volvo Group | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - Volvo Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Volvo Group
Volvo Group has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Renault Group, European Union and Geely Holding Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Automotive vehicles including cars and commercial types are manufactured globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Volvo Group
Volvo Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Designwerk, Renault Trucks and Swecon. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Electromobility solutions and chargers are developed by Designwerk.
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2007 | ||||
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Construction machinery and services are supplied across multiple countries.
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1999 | ||||
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A premier global telematics service provider for automotive OEMs
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Volvo Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Volvo Group Comparisons
Competitors of Volvo Group
Volvo Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NEVS, Ford and Leo Motors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Electric autonomous cars are manufactured for urban mobility needs.
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| domain | founded_year | HQ Location |
Automobiles and commercial vehicles are manufactured by Ford.
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| domain | founded_year | HQ Location |
Provides cartridge batteries designed for electric vehicles.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Volvo Group
Frequently Asked Questions about Volvo Group
When was Volvo Group founded?
Volvo Group was founded in 1927 and raised its 1st funding round 74 years after it was founded.
Where is Volvo Group located?
Volvo Group is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Who is the current CEO of Volvo Group?
Martin Lundstedt is the current CEO of Volvo Group.
How many employees does Volvo Group have?
As of Dec 31, 2024, the latest employee count at Volvo Group is 101,590.
What is the annual revenue of Volvo Group?
Annual revenue of Volvo Group is $47.76B as on Dec 31, 2024.
What does Volvo Group do?
Volvo Group was founded in 1927 in Gothenburg, Sweden, and operates within the heavy commercial vehicle sector. Products including trucks, buses, and coaches are produced at facilities across 18 countries, with sales conducted in over 190 markets. In 2022, annual revenues of 48.07 billion were recorded, alongside a net profit of 3.71 billion. Operations focus on global manufacturing and distribution of commercial transport solutions.
Who are the top competitors of Volvo Group?
Volvo Group's top competitors include Ford, NEVS and Leo Motors.
Is Volvo Group publicly traded?
Yes, Volvo Group is publicly traded on OMXSTO under the ticker symbol VOLV_A.
How many acquisitions has Volvo Group made?
Volvo Group has made 4 acquisitions, including Designwerk, Renault Trucks, and Swecon.
Who are Volvo Group's investors?
Volvo Group has 4 investors. Key investors include Renault Group, European Union, Geely Holding Group, and OSTI.GOV.
What is Volvo Group's ticker symbol?
The ticker symbol of Volvo Group is VOLV_A on OMXSTO.
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