Volvo

(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 →

(IN BRIEF) SSAB will purchase high-quality automotive steel scrap from Volvo Cars’ Olofström facility, with deliveries beginning in 2026 and reaching full volume in 2027. The scrap will be processed in SSAB’s new electric arc furnace at the Oxelösund mill, … Read the full press release →

(IN BRIEF) Volvo CE has committed SEK 2.5 billion to expand crawler excavator manufacturing across Asia, Europe, and North America. The largest portion of this investment will enhance the Changwon plant in South Korea to secure global production volumes, with … Read the full press release →

(IN BRIEF) Kuehne+Nagel and Milence are leading the charge towards electric freight transport by demonstrating the integration of electric heavy-duty vehicles into Kuehne+Nagel’s logistics operations. With the opening of Milence’s first UK public fast-charging hub in Immingham, the companies are … Read the full press release →

(IN BRIEF) As Europe pushes to electrify heavy-duty road transport, ACEA and Eurelectric warn that grid limitations, permitting delays, and regulatory hurdles are slowing the deployment of charging infrastructure for zero-emission trucks and buses. In a new joint paper, the … Read the full press release →

(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 →

(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 →