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Volvo Cars divests its holding in Aurobay to Geely Holding; to be part of new Renault-Geely powertrain company

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Volvo Cars has a strategic direction to become fully electric by 2030 and shape the future of mobility. In line with those strategic ambitions, Volvo Cars will divest its 33% holding in Aurobay to Geely Holding. In line with our ambition to become fully electric by 2030, Aurobay remains our strategic supplier.

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

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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 Trucks presents new electric axle for extended range

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Volvo Trucks unveiled a completely new, fully electric rear axle at the IAA Transport show in Hannover, Germany. The new e-axle integrates the electric motors and the transmission into the rear axle, thereby freeing up space for more batteries. —Jessica Sandström, SvP Global Product Management at Volvo Trucks.

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Volvo Cars to open new software Tech Hub in Krakow, Poland

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Volvo Cars plans to open a brand new Tech Hub in Krakow, Poland’s second-largest city. It will be a key software development center and play a crucial role in the company’s strategic ambitions to be a fully electric brand by 2030 and a leader in new technology, not least through in-house software development.

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Volvo Cars opens new Tech Hub in Singapore

Green Car Congress

Volvo Cars is opening a new Tech Hub in Singapore, a global hotspot for advanced technology and manufacturing excellence. The new Tech Hub will be a key center for data and analytics, software and advanced manufacturing development in line with Volvo Cars’ ambition to be a leader in new technology and a fully electric car maker by 2030.

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Volvo Cars and Geely intend to merge their combustion engine operations

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Volvo Cars and Geely intend to merge their existing combustion engine operations into a stand-alone business in order to establish a new global supplier that will seek to develop next generation combustion engines and hybrid powertrains. Volvo Cars Drive-E 4 cylinder gasoline engine - T4/T3/T2.

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Volvo Penta showcases production modular electric driveline at TOC Europe

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After its 2019 appearance at TOC Europe—the tradeshow for port and terminal technology and operations—as a proof of concept ( earlier post ), Volvo Penta’s purpose-built electric driveline is now powering a series of TICO’s electric terminal tractors as well as Rosenbauer’s electric fire trucks.

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