Volvo

(IN BRIEF) Neste takes a significant step towards accelerating the electrification of heavy-duty vehicles (HDVs) in Finland by introducing its first high-power charging stations for business customers. Located at the Neste Janakkala Linnatuuli service station along highway 3, these charging … Read the full press release →

(IN BRIEF) In just over three months since its sales launch, the limited edition of MAN’s 2024 model year electric lion eTruck designed for long-distance transport is nearly sold out, with 700 orders and order requests received. Large-scale production is … Read the full press release →

(IN BRIEF) Ericsson has appointed Lars Sandström as its Chief Financial Officer (CFO), Senior Vice President, and Head of Group Function Finance, effective from April 1, 2024. Sandström, currently the CFO of Getinge, a global leader in Medtech, brings a … Read the full press release →

(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 →

(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release →

(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release →

(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 →

(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 →

(IN BRIEF) Harald Seidel, the President of DAF Trucks, has been chosen as the Chairman of the Commercial Vehicle Board of the European Automobile Manufacturers’ Association (ACEA) for the year 2024. Seidel highlighted the transformative year ahead for the European … Read the full press release →

(IN BRIEF) Luminar, a global automotive technology company, has expanded its partnership with Mercedes-Benz to collaborate with the Mercedes-AMG PETRONAS Formula 1 Team. The collaboration aims to integrate Luminar’s LiDAR technology into the Official FIA F1 Safety Car, the Mercedes-AMG … Read the full press release →

(IN BRIEF) Volvo Car Corporation has secured a €420 million loan from the European Investment Bank (EIB) to support the development of an all-electric vehicle platform. This financing covers research and development, software development, and advanced manufacturing technologies for electric … Read the full press release →