LONDON: Volvo is operative on how to accommodate a hurdles of foundation and self-driving cars and has a supports to do so regardless of either a organisation launches a batch marketplace flotation, a trainer pronounced on Wednesday.
“We need to residence these issues with foundation and programmed drive,” Hakan Samuelsson pronounced during a discussion in London on Wednesday.
“That is a subsequent step and we are doing that. Listed or not listed unequivocally doesn’t change anything for us as a company. We concentration entirely on that and we have a financial resources right now to be means to do that.”
China’s Zhejiang Geely Holding Group, a owners of Volvo Cars, has hired 3 investment banks for an initial open charity (IPO) this year that could value a Swedish carmaker in a extended operation of US$16 billion to US$30 billion, a chairman informed with a matter told Reuters final week.
(Reporting by Costas Pitas, modifying by Sarah Young)