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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 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. Volvo XC40 Recharge powertrain. The XC40 Recharge P8 is the first of a family of fully electric Volvos.

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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 CE starts testing of prototype hydrogen articulated hauler

Green Car Congress

Following the completion of a multi-stakeholder research project aimed at breaking new ground in hydrogen technology, Volvo Construction Equipment (Volvo CE) has started testing of the world’s first fuel-cell articulated hauler prototype, the Volvo HX04. minutes, enabling it to operate for approximately four hours.

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Volvo Trucks deploys FH LNG Trucks in exclusive, one-time pilot with Linde Canada

Green Car Congress

Volvo Trucks North America is working with Linde Canada Inc., a leading industrial gas and engineering company, in an exclusive, one-time pilot, importing five Volvo FH LNG (liquified natural gas) powered trucks to Canada. and up to 500 hp with up to 1,000 km range (621 miles). and up to 500 hp with up to 1,000 km range (621 miles).

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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 Trucks North America demonstrates pilot electric VNR models; Volvo LIGHTS

Green Car Congress

Volvo Trucks North America offered a first look at its Class 8 battery-electric project trucks during an exclusive event at TEC Equipment dealership in Fontana, California. The Volvo LIGHTS project’s transformative impact on fleet operations is designed to be scalable and replicable to reduce emissions throughout the freight eco-system.