Volvo

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release →

(IN BRIEF) Volvo Autonomous Solutions (V.A.S.) and DHL Supply Chain have joined forces to revolutionize freight transportation in the U.S. using the production-ready Volvo VNL Autonomous, powered by Aurora Driver technology. The partnership aims to validate the ecosystem required for … Read the full press release →

(IN BRIEF) DB Schenker is expanding its fleet in Germany with 40 Volvo FM Electric trucks, marking a significant step towards sustainable logistics. These 20-ton electric trucks, capable of operating with trailers, will be deployed nationwide starting December 2024. The … Read the full press release →

(IN BRIEF) AFRY has joined Industrikraft as an equal shareholder, expanding the initiative’s network of industry leaders committed to supporting the expansion of Sweden’s electricity supply. With a focus on sustainable, fossil-free energy sources, Industrikraft aims to shape Sweden’s energy … Read the full press release →

(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 →

(IN BRIEF) The European auto industry, represented by the European Automobile Manufacturers’ Association (ACEA), has called for urgent intervention from EU institutions due to a decline in demand for electric vehicles (EVs). The industry is concerned about meeting the 2025 … Read the full press release →

(IN BRIEF) Volvo Trucks is set to launch a groundbreaking electric truck capable of driving up to 600 km on a single charge, marking a significant advancement in long-distance, zero-emission transport. This new model, the Volvo FH Electric, will be … Read the full press release →

(IN BRIEF) Professor Johan Woxenius from the University of Gothenburg has been awarded the prestigious Håkan Frisinger Prize for Transportation Research by the Volvo Research and Educational Foundations (VREF). The award, which includes a guest research program at Lund University, … Read the full press release →

(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) Hiab, a subsidiary of Cargotec, unveiled its latest sustainable load handling solutions at the Elmia Lastbil exhibition, the Nordic region’s largest transport event. Key highlights included the world premiere of the MULTILIFT eUltima, a hooklift designed for electric … Read the full press release →

(IN BRIEF) Hiab, part of Cargotec, has launched the MULTILIFT eULTIMA, the world’s first plug-and-play hooklift designed specifically for electric trucks. This innovative product integrates seamlessly with electric truck systems, offering silent operation and enhanced energy efficiency. The MULTILIFT eULTIMA … Read the full press release →

(IN BRIEF) DSV, a global logistics leader, has entered a significant agreement with Volvo Trucks to purchase 300 electric trucks, marking one of Volvo’s largest commercial orders for electric vehicles. This deal is a crucial step in DSV’s strategy to … Read the full press release →

(IN BRIEF) The “World of Volvo,” Scandinavia’s largest wooden building, has been completed in Gothenburg, showcasing Lindner Scandinavia’s expertise in sustainable construction. The project, which features innovative wooden facades and interiors, is a new architectural landmark designed to embody the … Read the full press release →

(IN BRIEF) Hella Gutmann has expanded its Cyber Security Management (CSM) feature within the mega macs diagnostic software to include the latest BMW vehicles, eliminating the need for workshops to register through OE portals. With this update, CSM now supports … Read the full press release →

(IN BRIEF) In a pioneering collaboration involving several organizations including Telia, Ericsson, and Volvo CE, supported by Vinnova, a successful test was conducted using a drone equipped with a portable mobile base station to provide 5G connectivity in remote forest … Read the full press release →

(IN BRIEF) Mutares SE & Co. KGaA has completed the acquisition of CIKAUTXO Rubber & Plastic Components (Kunshan) Co., Ltd. (“Cikautxo China”) from CIKAUTXO S.COOP. This acquisition strengthens Mutares’ SFC Group under Amaneos, enhancing its global presence in plastic-based systems … 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 →

(IN BRIEF) Thirteen CEOs from leading European vehicle manufacturers and automotive suppliers convened with EU Commissioner for Climate Action, Wopke Hoekstra, for an ‘Automotive Roundtable’ to discuss the green transition of the sector. The dialogue, following a meeting with President … Read the full press release →

(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 →

(IN BRIEF) Continental’s show truck, traversing over 50,000 kilometers throughout Europe, continues its mission to showcase innovative solutions for sustainable transportation. With stops in various countries, the roadshow offers interactive exhibitions covering key industry themes, including cost reduction strategies, digital … Read the full press release →