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Acquisitions by Volvo Cars

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List of Volvo Cars's Acquisitions

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Volvo Cars has made a total of 3 acquisitions. These were completed across 3 sectors: Electric Vehicles, Energy Storage Tech, and Autonomous Vehicles. All 3 acquisitions occurred in Sweden, totaling 1 country. The acquisitions took place in 2015, 2022, and 2025, with 1 acquisition per year. The average number of acquisitions per year from 2020 to 2025 is 0.4, and 0 acquisitions have been completed in the current calendar year. The most recent acquisition is NOVO Energy, a provider of lithium batteries for cars founded in 2021 and located in Gothenburg, which was acquired in February 2025.

Here's the year on year acquisition history of Volvo Cars:

Year on year acquisition history of Volvo Cars20252022Acquisitions Round Date (Yearly)012
  • Number of Total Acquisitions
Year
# Acquisitions
2025
1
2022
1
2015
1
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Recent acquisitions by Volvo Cars

Volvo Cars's most recent acquisition - NOVO Energy is a Provider of lithium batteries for cars, founded in 2021 and located in Gothenburg. Volvo Cars acquired a 50% stake in it in February 2025 for a price of $*****.

Here is the list of all acquisitions by Volvo Cars sorted by the latest acquisition date:

Acquired on
Acquired Company
Acquisition Price
Facilitators
Stake Acquired
Acquisition Multiple
Feb 07, 2025
NOVO Energy
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32
855
Dec 31, 2022
Zense Act
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31
125
Jul 14, 2015
Polestar
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44
704

News related to Volvo Cars's acquisitions

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Media has covered Volvo Cars for a total of 132 events in the last 1 year, 13 of them have been about acquisition activity.

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FAQs about Acquisitions by Volvo Cars

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