(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
(IN BRIEF) Volvo Group’s innovation hub, CampX, has expanded its focus areas to include financial technology (fintech) to accelerate the transition to sustainable transport solutions. Fintech is transforming the financial services industry through partnerships with startups and changing how customers … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Management, News, Technology
Tagged accelerator, Allen Atchley, CampX, fintech, Helene Niklasson, INNOVATION, Volvo Group
(PRESS RELEASE) GOTHENBURG, 1-Arp-2021 — /EuropaWire/ — The Volvo Group announces that it has completed the transaction with Isuzu Motors whereby the Japanese commercial vehicle company acquired UD Trucks from the Volvo Group for an enterprise value of JPY 243 … Read the full press release
The new partnership will focus on hydrogen-based fuel-cell systems for use in heavy-duty trucks (PRESS RELEASE) STUTTGART/ GOTHENBURG, 2-Nov-2020 — /EuropaWire/ — The Volvo Group (STO: VOLV-B), a Swedish multinational manufacturing company, and Daimler Truck AG, one of the world’s … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, News, Sweden, Technology, Transportation & Logistics
Tagged climate-neutral, CO2-neutral transportation, Daimler Truck AG, decarbonization, fuel-cell generators, fuel-cell systems, fuel-cells, heavy-duty trucks, joint ventur, Martin Daum, Martin Lundstedt, Paris Climate Agreement, Rolls-Royce plc, sustainable transportation, Volvo Group
(PRESS RELEASE) GOTHENBURG, 5-Dec-2019 — /EuropaWire/ — Volvo Group Venture Capital AB invested in a leading software company in autonomous mobility. The investment in Apex.AI will support the advancement of a safety-certified software framework for autonomous systems. Apex.AI is based … Read the full press release
Posted in Automotive, Investment, News, Sweden, Technology, Transportation & Logistics
Tagged Anna Westerberg, Apex.AI, Autonomous mobility, autonomous solutions, Autonomous systems, autonomous vehicle, Connected Services, Dan Tram, electromobility, investment, open source software framework, Robot Operating System, robotics, ROS, software, standard ISO 26262, Volvo Group, Volvo Group Venture Capital AB
GOTHENBURG, 19-Nov-2018 — /EuropaWire/ — The newspaper Affärsvärlden, together with PA Consulting, Mannheimer Swartling, Wipro and Korn Ferry, has appointed the Volvo Group President and CEO Martin Lundstedt “Leader of the year 2018.” Enthusiasm, deep industry knowledge and extensive teamwork are … Read the full press release
Posted in Automotive, Awards, Industrial, Management, Sweden, Transportation & Logistics
Tagged Affärsvärlden, Carl-Henrik Hallström, Charlotte Wetterlundh, Erik Wahlin, Helena Stjernholm, Jan Dernestam, Johan Forssell, Jonas Wiström, Korn Ferry, Mannheimer Swartling, Maria Rankka, Martin Lundstedt, Oskar Almén, PA Consulting, Volvo Group, Wipro
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