Volvo Cars is recognized by S&P Global Mobility as a World Leader in software-defined vehicles
Volvo Cars has been recognized by S&P Global Mobility with the highest possible rating, Level 5, for its Software-Defined Vehicle (SDV) capabilities, solidifying its position as the only legacy carmaker globally to achieve this elite distinction. This milestone underscores Volvo Cars' position at the forefront of automotive innovation, demonstrating its ability to transform the driving experience through technology.
This recognition emphasizes Volvo Cars' ability to refine virtually every function of the car throughout its lifecycle, delivering superior customer value through advanced software. Thanks to Over-The-Air (OTA) updates, Volvo vehicles can integrate new safety features, optimize charging speeds, extend driving range, and continuously enhance the user experience.
"Years of dedicated engineering efforts and investments have endowed us with software capabilities that only a select few in the industry have achieved," stated Håkan Samuelsson, CEO of Volvo Cars. "This has allowed us to bring about a fundamental shift in customer experience and the development speed of our products."
Software-defined vehicles possess the transformative power to continuously improve Volvo cars on the road and further elevate the standard for safety. Following the most significant technological transformation in the company's nearly 100-year history, Volvo Cars can now rapidly convert real-world data into valuable intelligence to train future advanced safety and driver assistance systems.
Volvo Cars' in-house developed core system, HuginCore™, integrates a state-of-the-art electrical architecture, a powerful central computer, zone controllers, and proprietary software. As the brain of the company's three software-defined vehicles – the EX90, the ES90, and the EX60 – HuginCore™ ensures superior customer experiences, more agile innovation, and scalable improvements across the entire vehicle lineup.
About Volvo Car Group
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker “VOLCAR B”.
"For life. To provide freedom to move in a personal, sustainable and safe way." This purpose is reflected in Volvo Cars' ambition to become a fully electric car maker and in its commitment to an ongoing reduction of its carbon footprint, with the ambition to achieve net-zero greenhouse gas emissions by 2040.
About Volvo Car Latin America
The Latin America Importers region, comprising 12 countries, delivered a solid performance in 2025. Total sales reached 5,467 units, driven by the successful introduction of the new EX90 and EX30 Cross Country. The region also achieved its highest level of electrification to date, with 98% of the portfolio electrified, including 67% fully electric vehicles (BEV) and 31% plug-in hybrids (PHEV), reflecting Volvo Cars’ ongoing commitment to electrification and sustainable mobility.
This performance reinforces Volvo’s position in the premium segment and strengthens its regional relevance, with the brand ranking among the top three premium brands by market share in Chile, Colombia, Costa Rica, and Paraguay.