this post was submitted on 27 May 2025
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Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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Chinese-owned Volvo Cars to cut 3,000 white collar jobs (www.bbc.com)
submitted 3 weeks ago by Hotznplotzn@lemmy.sdf.org to c/electricvehicles@slrpnk.net
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The firm says the layoffs will mainly impact office-based positions in Sweden, representing about 15% of its white collar workforce.

Last month, Volvo Cars, which is owned by Chinese group Geely Holding, announced an 18 billion Swedish kronor ($1.9bn; £1.4bn) "action plan" shake-up of the business.

The global motor industry is facing a number of major challenges including US President Donald Trump's 25% tariffs on imported cars, higher cost of materials and slower sales in Europe.

The chief executive of Volvo Cars, Håkan Samuelsson, pointed to the "challenging period" faced by the industry as a reason for the layoffs.

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