Asian Tech Press (OCT 29) -- Volvo Cars has announced its official listing on the Stockholm Stock Exchange in Sweden.

Volvo Cars' IPO project is highly favored by global institutional investors and the public and has been significantly oversubscribed. Over the past ten years, Geely Holding Group has fully supported the transformation and development of Volvo Cars, and the two sides have strengthened cooperation in R&D, procurement, powertrain and manufacturing, which has brought about a good synergy effect and become a model of synergistic development in the industry.