Volvo Car AB produced its last automobile with a diesel engine this week, ending an era for the manufacturer that plans to only make electric vehicles by 2030.
March 27, 2024Latest News Updates From Rafaela Lindeberg
Volvo Shares Fall After Outlining Truck Production Cuts
Volvo AB declined after saying it will gradually reduce production in line with normalizing demand after years of supply chain disruptions that left manufacturers with record order banks.
January 26, 2024Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor
Volvo ABs second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck makers shares over the past months.
January 10, 2024Scania Will Offer Electric Trucks as Pay-Per-Use
Scania is combining with logistics firm sennder Technologies to deploy 100 e-trucks to carriers in Germany.
November 8, 2023Volvo Picks New Chairman Amid Spinoff Talk
Volvo Group, one of the worlds largest truck makers, has proposed that Par Boman be appointed its new chairman at the Swedish companys annual general meeting in March.
September 22, 2023Geely: All Options Open on Volvo Stake After Daimler Sale
Volvo ABs second-largest shareholder, Geely, said while its not currently planning any changes to its position, anything is possible in the future.
April 4, 2023Chinese Billionaire Sells $1.6 Billion Daimler Truck Stake
Chinese billionaire Li Shufus Zhejiang Geely Holding Group Co. has divested its 6.3% stake in truck maker Daimler Truck Holding AG, equivalent to roughly $1.6 billion.
March 16, 2023Cokes Electric Renault Trucks Debut Before Teslas Pepsi Semis
Renault Trucks has helped Coca-Cola beat Pepsi and Tesla Inc. to the punch on electric deliveries. Coca-Cola will start using battery trucks from the Volvo AB-owned brand for local trips in Belgium on Nov. 24.
November 28, 2022Polestar to Share Battery Tech With Boat Maker
Electric carmaker Polestar Automotive Holding has agreed to share battery technology with Candela Speed Boat AB, a startup trying to electrify leisure boats and water taxis.
August 23, 2022Volvo Plans to Make Its Own Batteries in Electric Truck Shift
Volvo AB plans to build a large-scale battery plant in Sweden to meet an expected surge in demand for electric trucks and buses.
August 3, 2022Trending
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