Green Car Congress
MAY 4, 2022
Volvo Trucks and Bucher Municipal have now entered into a collaboration to electrify sewer cleaner trucks. Bucher Municipal is expecting that up to 80 sewer trucks, or 50% of their production of cleaning vehicles, will be zero exhaust emission trucks from Volvo by the end of 2023. —Volvo Trucks President Roger Alm.
Green Car Congress
APRIL 19, 2017
Volvo Cars announced at Auto Shanghai that it will build its first fully electric car in China. The all-new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for sale in 2019 and exported globally from China, Volvo said.
Green Car Congress
APRIL 18, 2017
Zenuity, the joint venture between Volvo Cars and Autoliv, Inc. Zenuity is a new entrant in the growing global market for autonomous driving software systems. At the same time Volvo Cars will contribute intellectual property, know-how and personnel into the joint venture. earlier post ) has begun operations.
Green Car Congress
MAY 11, 2015
Volvo Cars has selected South Carolina as the location of its new $500-million factory in the US. The new plant will make latest generation Volvo models for sale in the United States and for export. Once completed, Volvo will be able to manufacture cars on three continents, underscoring its position as a truly global car maker.
Green Car Congress
DECEMBER 20, 2016
Volvo Cars has raised SEK5 billion (US$533 million) from the sale of newly-issued preference shares to a group of Swedish institutional investors. The issuance has been conducted to further diversify Volvo Cars’ long-term funding sources. Operating profit for the first nine months of the year was SEK7.7
Green Car Congress
SEPTEMBER 6, 2016
Volvo Cars and Autoliv have signed a letter of intent to set up a new jointly-owned company to develop next-generation autonomous driving software. It has a medium-term vision that no one will be killed or seriously injured in a new Volvo by 2020. Its management will comprise of representatives from Autoliv and Volvo Cars.
Green Car Congress
DECEMBER 14, 2016
Uber is expanding its self-driving pilot to San Francisco, California, using specially-converted self-driving Volvo XC90 premium SUVs. Volvo Cars and Uber are contributing a combined US$300 million to the project. Both Uber and Volvo will use the same base vehicle for the next stage of their own autonomous car strategies.
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