Recode Decode, Hosted By Kara Swisher

Today, I’m talking to Jim Rowan, the CEO of Volvo Cars. Now, Jim’s only been at Volvo for a short time. He took over in 2022 after a decades-long career in the consumer electronics industry. Before Volvo, his two longest stints were at BlackBerry, whose QNX software is used in tons of cars, and then at Dyson, which once tried and failed to make an electric car. Jim and I talked a lot about how that unique experience has influenced how he thinks about the transformational changes happening in the world of cars. For Volvo, the stakes are high. The company has pledged to be all-electric by the end of the decade, and Jim is also making some very different bets on software and revenue than the rest of the car industry. Jim’s view is that automakers are undergoing three major shifts all at once: electrification, autonomy, and direct-to-consumer sales. With Volvo, Jim is trying to steer the ship through these changes and come out an EV-only carmaker on the other end. Links: Volvo plans to sell only electric cars