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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos. Volvo XC40 Recharge powertrain.

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Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

Green Car Congress

The Volvo Cars manufacturing plant in Chengdu, the company’s largest in China, is now powered by 100% renewable electricity, taking the company’s global renewable electricity mix in its manufacturing network to 80%. By 2040, Volvo Cars aims to be a climate-neutral company. Hydropower station dam in Chengdu.

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Volvo Cars aiming for 50% of sales to be fully electric by 2025

Green Car Congress

Volvo Cars aims for fully electric cars to make up 50% of its sales by 2025, the company announced in Beijing. The announcement builds on Volvo Cars’ 2017 announcement that all new models released from 2019 will be available as either a mild-hybrid, plug-in hybrid or battery-electric vehicle.

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Volvo Cars first carmaker to explore fossil-free steel with SSAB and HYBRIT

Green Car Congress

Volvo Cars is teaming up with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel for use in the automotive industry. As part of the collaboration, Volvo Cars will be the first car maker to secure SSAB steel made from hydrogen-reduced iron from HYBRIT’s pilot plant in Luleå, Sweden.

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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. As a first tangible step towards its 2040 vision the company aims to reduce its lifecycle carbon footprint per car by 40% between 2018 and 2025.

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Volvo Cars could go fully electric in India by around 2025, says company official

Electric Vehicles India

Swedish luxury carmaker Volvo Cars could go fully electric in India by around 2025, much ahead of its global target of becoming a full electric car company by 2030, a senior company official said on Tuesday. “We will launch C40 BEV, a pure electric vehicle in quarter four of this year. .”

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Volvo Cars invests in designing and developing electric motors in-house

Green Car Congress

Volvo Cars says that it is making significant investments that allow for the in-house design and development of electric motors for the next generation of Volvo models, as the company continues to move towards becoming a fully electric car maker. —Henrik Green, Chief Technology Officer at Volvo Cars.

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