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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 raises €500M for electrification through second green bond issue

Green Car Congress

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. The bond was oversubscribed three-times, despite challenging global market conditions. The €500-million, 6-year fixed rate senior unsecured green bond was issued under Volvo Cars’ Euro Medium Term Note program.

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Volvo and Danfoss introduce first 24-hour e-truck fleet

Green Car Congress

Volvo has delivered three heavy-duty line-haul electric trucks to Danfoss. The delivery of the three e-trucks is part of a larger partnership between Volvo Trucks and Danfoss, focusing on pioneering sustainable electric transport operations. Nine fully electric Volvo trucks are set to be in operation before 2024.

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Volvo Cars launches all-electric Volvo C40 Recharge; all cars to be pure electric by 2030

Green Car Congress

Volvo Cars launched the battery-electric Volvo C40 Recharge; based on the CMA vehicle platform it is the first Volvo model designed as pure electric only. Following the introduction of the XC40 Recharge and now the C40 Recharge, Volvo Cars will roll out several additional electric models in coming years.

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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 building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. billion; Volvo expects around 20% to be funded by governmental support. Volvo Cars has an ambition to move towards annual sales of 1.2

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Maersk purchases 25 Volvo FH Electric trucks for container transports in Germany

Green Car Congress

Maersk has purchased 25 Volvo FH Electric trucks in Germany. This strategic investment highlights the company’s commitment to decarbonizing global logistics and to becoming a net-zero company by 2040 across all business areas and all modes of transport.

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