Volvo

(IN BRIEF) Daimler Truck, Volvo Group, cellcentric and Toyota Motor Corporation have signed a non-binding Memorandum of Understanding aimed at expanding cooperation in fuel cell technology for heavy-duty applications. The proposed deal would see Toyota join cellcentric as an equal … Read the full press release →

(IN BRIEF) Volvo Group, Renault Group, and CMA CGM have agreed to restructure Flexis S.A.S., with Renault acquiring the combined 55 percent stakes held by Volvo and CMA CGM to become sole owner. Volvo Group will continue its involvement through … Read the full press release →

(IN BRIEF) Salzgitter and Volvo Cars have expanded their closed-loop cooperation through the ScanLoop project, under which high-quality steel scrap from Volvo’s Olofström plant is sorted, compacted, and transported by low-emission rail back to Salzgitter for remelting and reuse in … Read the full press release →

(IN BRIEF) Volvo Construction Equipment has completed its acquisition of Swecon after receiving approval from the European Commission, taking over Swecon’s operations in Sweden, Germany, and the Baltic countries, including Entrack, in a deal valued at SEK 7 billion. The … Read the full press release →

(IN BRIEF) Volvo Trucks secured its position as Europe’s leading heavy-duty truck manufacturer for the second year running in 2025, increasing its market share to 19.0% across the EU, the UK, Norway and Switzerland. Strong demand in major markets such … Read the full press release →

(IN BRIEF) Mercedes-Benz Trucks has presented the NextGenH2 Truck, a next-generation fuel cell truck designed for demanding long-haul transport and based on liquid hydrogen technology. Combining proven fuel cell components with series technologies from the eActros 600, the new model … Read the full press release →

(IN BRIEF) ACEA and the Adecco Group have published a comprehensive new report examining how Europe’s automotive workforce must adapt to the rapid shift toward electrification and digitalisation. The analysis reveals growing demand for high-skilled roles in software, batteries, and … Read the full press release →

(IN BRIEF) Volvo Construction Equipment is expanding its European manufacturing network with a new crawler excavator assembly facility in Eskilstuna, Sweden, reinforcing its strategic focus on excavators and meeting increasing regional demand. The 30,000 m² plant is designed to enhance … Read the full press release →

(IN BRIEF) Nefco is supporting a Swedish-funded demolition training programme in Finland for five Ukrainians, including three women, to help strengthen Ukraine’s sustainable reconstruction capabilities. Delivered in partnership with Lotus Demolition, the training covers safe and circular demolition practices, safety … Read the full press release →

(IN BRIEF) ENERCON has launched its first fully electric long-haul truck, a 40-tonne Volvo FH Electric, marking a major advancement in the company’s efforts to electrify its logistics fleet and reduce emissions across the wind-energy supply chain. Operating between ENERCON’s … Read the full press release →

(IN BRIEF) Vattenfall and Industrikraft have formalized a partnership to develop new nuclear power in Sweden, with Industrikraft acquiring a 20% share in Videberg Kraft AB and investing SEK 400 million. The consortium, which includes leading Swedish companies such as … Read the full press release →

(IN BRIEF) China’s growing use of economic leverage, political strategy, and military maneuvers is reshaping global power dynamics and testing the resilience of international cooperation. Recent tensions peaked when Beijing eased export restrictions on Nexperia microchips after Dutch authorities seized … Read the full press release →

(IN BRIEF) Naomi Oreskes, Harvard University professor and internationally recognized historian of science, has been named the 2025 Volvo Environment Prize laureate for her influential research on climate change, scientific consensus, and public trust in science. Known for co-authoring Merchants … Read the full press release →

(IN BRIEF) Stagecoach has opened its first eHGV charging hub at its Stockton-on-Tees depot, in partnership with PD Ports, the Port of Middlesbrough, and e-fleet solutions company VEV. The successful two-hour, 150 kW charging trial of a Volvo eHGV demonstrated … Read the full press release →

(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 →

(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 →

(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 →

(IN BRIEF) COVESA and ACEA have signed an MoU to co‑develop an industry‑standard onboard API for commercial vehicles, harmonizing data exchange across truck and bus manufacturers. The initiative extends COVESA’s Vehicle Signal Specification with a bespoke commercial‑vehicle data catalogue, accessed … Read the full press release →

(IN BRIEF) Volvo CE will sell its 70 percent share in SDLG to an LGG-controlled fund for SEK 8 billion, with closing expected in H2 2025 pending approvals. The deal, recognizing a SEK 1 billion one-time operating income gain (subject … Read the full press release →

(IN BRIEF) Volvo CE has agreed to purchase Swecon’s dealerships and service operations in Sweden, Germany and the Baltic states—including the Entrack aftermarket division—for SEK 7 billion, subject to regulatory clearance, with completion slated for H2 2025. The deal transfers … Read the full press release →