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Volvo CEO says focussed on electrification, automation regardless of IPO

Reuters  |  LONDON 

LONDON (Reuters) - Volvo is working on how to meet the challenges of electrification and self-driving cars and has the funds to do so regardless of whether the firm launches a stock market flotation, its boss said on Wednesday."We need to address these issues with electrification and automated drive," Hakan Samuelsson said at a conference in London on Wednesday. "That is the next step and we are doing that. Listed or not listed really doesn't change anything for us as a company. We focus fully on that and we have the financial resources right now to be able to do that."China's Zhejiang Geely ...

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First Published: Wed, May 16 2018. 14:43 IST