(IN BRIEF) Volvo Energy has launched the PU2000 Battery Energy Storage System at its Customer Day in Gothenburg, presenting a new solution designed and built in Sweden to help customers optimize energy use, strengthen resilience, and accelerate electrification. The system … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, News, Sweden, Technology
Tagged Battery Energy Storage System, BESS, electrification, Elisabeth Larsson, energy resilience, energy transition, EV charging, Gothenburg, grid services, island mode, load shifting, peak shaving, PU2000, renewable energy, sustainability, Sweden, VEMS, Volvo Cloud Energy Management System, Volvo Energy, Volvo Energy launches PU2000 Battery Energy Storage System to accelerate energy transition, Volvo Energy unveils PU2000 Battery Energy Storage System to support electrification and resilience, Volvo Group, Volvo Group expands into energy solutions with launch of PU2000 BESS in Sweden, Volvo Site Controller
(IN BRIEF) Volvo Group has announced that Bruno Blin will step down as President of Renault Trucks and member of the Group Executive Board after ten years, effective November 1, 2025. Blin, who played a central role in strengthening Renault … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Antoine Duclaux, Bruno Blin, Executive Board, holcim, international markets, leadership change, Martin Lundstedt, November 2025, profitability, Renault Trucks, sustainable transport, trucking industry, Volvo announces leadership transition at Renault Trucks as Bruno Blin steps down after ten years, Volvo Group, Volvo Group announces leadership change at Renault Trucks as Bruno Blin steps down, Volvo Group names Antoine Duclaux as successor to Bruno Blin at Renault Trucks
(IN BRIEF) Volvo Construction Equipment (Volvo CE) has completed the sale of its ownership in SDLG, transferring the stake to a fund mainly controlled by Lingong Group for SEK 8 billion (about 6 billion RMB). The divestment is expected to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Transportation & Logistics
Tagged China construction equipment market, Gothenburg, LGG, Lingong Group, Nasdaq Stockholm, partnership, SDLG, SEK 8 billion divestment, Shandong Lingong Construction Machinery, supplier ecosystem, sustainability, Volvo CE, Volvo Construction Equipment, Volvo Group
(IN BRIEF) Daimler Truck is set to revolutionize electric truck charging in Europe with its new TruckCharge brand, which introduces a semi-public charging network designed to bridge the existing gap in infrastructure. The network will allow depot owners to offer … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged ACEA, charging infrastructure, charging network, Comprehensive Solution, cost-effective, Daimler truck, depot owners, e-infrastructure, electric trucks, eTruck, fast-charging points, Fleet operators, Martin Hink, Mercedes-Benz Trucks, Milence, renewable energy, semi-public charging, TRATON GROUP, TruckCharge, UTA Edenred, Volvo Group
(IN BRIEF) ACEA has voiced serious concerns over the US President’s recent decision to impose additional tariffs on the automotive sector. The association emphasizes that these tariffs will not only raise prices for American consumers and disrupt import channels but … Read the full press release
Posted in Automotive, Belgium, Business, Government, Industrial, International Trade, Management, News, Transportation & Logistics
Tagged ACEA, automotive industry, BMW Group, Daimler truck, EU automobile industry, European automakers, European Automobile Manufacturers’ Association, Ferrari, Ford of Europe, global competition, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, President Trump, R&D spending, Renault Group, Sigrid de Vries, Stellantis, Toyota Motor Europe, trade balance, trade surplus, US domestic manufacturing, US tariffs, Volkswagen Group, Volvo Group
(IN BRIEF) Christian Levin, CEO of Scania, has been elected as the new Chair of ACEA’s Commercial Vehicles Board for 2025. He stressed the European truck and bus sector’s leadership in technology and its importance for the region’s competitiveness and … Read the full press release
Posted in Automotive, Belgium, Business, Industrial, Management, News, Technology, Transportation & Logistics
Tagged ACEA, appointment, battery-electric, Christian Levin, combustion engines, Commercial Vehicles Board, competitiveness, customers, DAF, DAF Trucks, Daimler truck, ecosystem, enabling conditions, energy providers, European Automobile Manufacturers’ Association, European Regulations, European truck and bus industry, Ford Trucks, forward-thinking policies, global leader, grid operators, Harald Seidel, Hydrogen-Powered Vehicles, industry competitiveness, INNOVATION, Iveco Group, leadership, long-term incentives, MAN Truck & Bus, Member States, policymakers, Regulatory framework, Scania, skilled jobs, suppliers, sustainable society, technology, transition, visionary targets, Volvo Group, zero-emission powertrains
(IN BRIEF) Martin Lundstedt, CEO of Volvo Group, will deliver a keynote at CES 2025, highlighting the company’s strategy for decarbonizing the transport, mobility, and infrastructure sectors. Emphasizing the urgent need for action, Lundstedt called for accelerated adoption of zero-emission … Read the full press release
Posted in Automotive, Environment, Sweden, Transportation & Logistics
Tagged battery electric solutions, CES 2025, CES keynote, charging infrastructure, Clean Energy Production, climate change, decarbonization, freight volumes, hydrogen fuel cell technology, Incentives, infrastructure, Martin Lundstedt, mobility, paradigm shift, policymakers, renewable fuels, sustainable transport, The Venetian, TRANSPORT, transport system, Volvo Group, Volvo Group website, Zero-emission vehicles, ZEV
(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Commercial Vehicles, Daimler truck, digital transformation, Karin Rådström, Martin Lundstedt, partnership, sustainability, Sweden, Volvo Group
(IN BRIEF) Volvo Group has selected Monterrey, Mexico, as the site for its new heavy-duty truck manufacturing plant, aiming to enhance production capacity for Volvo and Mack trucks across North America, Mexico, and Latin America. The plant, which will be … Read the full press release
(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Commercial Vehicles, Daimler truck, Germany, Martin Daum, Martin Lundstedt, partnership, Software-Defined, sustainability, Volvo Group
(IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With … Read the full press release
Posted in Automotive, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged electric vehicles, Flexis SAS, France, partnership, Renault Group, sustainability, Volvo Group
(IN BRIEF) Domenico Nucera, President of Iveco Group’s Bus Business Unit, has been appointed as the Chairperson of the bus and coach division of the European Automobile Manufacturers’ Association (ACEA). Nucera’s role is crucial as the European Union aims for … Read the full press release
Posted in Automotive, Belgium, European Union, Industrial, Transportation & Logistics
Tagged ACEA, Anna Westerberg, bus, buses, coach, coaches, Daimler truck, decarbonisation, Domenico Nucera, EU, Iveco Group, MAN, public transport, Scania, The European Automobile Manufacturers’ Association, Volvo Buses, Volvo Group
(IN BRIEF) Hydro, a leader in low-carbon aluminum production, has joined the First Suppliers Hub, a tool launched at the World Economic Forum’s annual meeting in Davos. The hub streamlines the transition from climate commitments to action for companies dedicated … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, Norway, Switzerland, Technology
Tagged aluminium, Climate Action, Davos, First Movers Coalition, FMC, green aluminium, green transition, Hilde Merete Aasheim, Hydro, low-carbon aluminium, The First Suppliers Hub, Volvo Group, WEF, World Economic Forum
(IN BRIEF) The Volvo Group has entered into an option agreement with John Cockerill Defense, allowing Volvo to potentially sell Arquus, a company specializing in defense vehicle manufacturing. The agreement requires consultations with employee representative bodies, expected to conclude in … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Arquus, John Cockerill Defense, partnership, Volvo Group
(IN BRIEF) Proterra Inc. and Proterra Operating Company Inc. have initiated a voluntary Chapter 11 bankruptcy process in the United States, and Volvo Group has emerged as the winning bidder in an auction to acquire the assets of the Proterra … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged acquisition, Battery-Electric Business, California, Chapter 11 Bankruptcy Auction, Financial, investment, partnership, Proterra Inc., Proterra Operating Company, Volvo Group
(IN BRIEF) Volvo Group Australia has made significant appointments to its Executive Leadership Team to strengthen relationships with government and industry stakeholders. Lauren Pulitano, a seasoned professional with 15 years at Volvo Group, becomes the Vice President of Public Affairs, … Read the full press release
Posted in Automotive, Business, Government, Management, Sweden
Tagged appointments, Cameron Bettany, Executive Leadership Team, Lauren Pulitano, Volvo Group, Volvo Group Australia
(IN BRIEF) Volvo Penta and FTMH have expanded their partnership to include the development of electric forklifts. FTMH, an Italian heavy equipment manufacturer, will work closely with Volvo Penta to electrify various forklift models. The collaboration demonstrates the success of … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Italy, Sweden, Technology, Transportation & Logistics
Tagged D11 diesel engines, e-forklifts, electric forklifts, electromobility, Eugenio Ponzini, Fantuzzi Team Material Handling, forklift, FTF 26-12 EL, FTMH, heavy equipment, Ilenia Procicchiani, reach stackers, Volvo Group, Volvo Penta, Volvo Penta D8, Zeyd Okutan
(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release
(IN BRIEF) Volvo Group is hosting its annual Mobility Transformation Forum in Brussels, emphasizing the need for dialogue between policymakers and the industry on the future of mobility. The event will showcase Volvo Group’s investments in fossil-free propulsion technologies and … Read the full press release
Posted in Automotive, Belgium, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Sweden, Technology, Transportation & Logistics
Tagged AI technologies, Anna Borg, battery electric, Brussels, charging capabilities, Clara de la Torre, Ebba Busch, Green mobility, hydrogen-powered, infrastructure, Lars Stenqvist, logistics, Martin Lundstedt, mobility, Mobility Transformation Forum, Oscar de Bok, Pascal Canfin MEP, Timo Kiiha, Volvo Group
(IN BRIEF) Stephen Roy has been appointed as the new President of Mack Trucks and a new member of Volvo Group’s Executive Board. He will replace Martin Weissburg, who is retiring from the company. Roy has been associated with Volvo … Read the full press release
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