v3.26.1
Trade payables
12 Months Ended
Dec. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
Trade payables
Note 23 - Trade payables
The current trade payables balances for the Group were as follows:
As of December 31,
2025
20241
Trade payables - external115,161 103,368 
Trade payables - related parties2
992,001 790,546 
Total1,107,162 893,914 
1 - The amount for December 31, 2024 was re-presented (see Voluntary re-presentation from previous year in Note 2 - Material accounting policies and use of significant judgements and estimates).
2 - The amounts due to related parties include transactions from agreements associated with purchases of intangible assets, sales and distribution, procurement, manufacturing and other support from Volvo Cars and Geely. For further information, see Note 28 - Related party transactions.