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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. Aurobay will become part of the new global company specializing in hybrid and low- emission powertrains being formed by Renault and Geely. Earlier post.). The detailed terms of the transaction are not disclosed.

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

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A sluggish overall market, held down by pandemic-related restrictions, meant that overall sales fell by 15.5% Ghent is currently preparing to take a second fully electric Volvo model, based on the CMA modular vehicle architecture, into production later this year. In Europe, the share of Recharge cars of overall sales was 29%.

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Volvo Cars sales up 12.6% in the first 10 months of 2021; share of electrified cars >25% of all units sold for 10 months, 31.5% in October

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In October, Volvo Cars global sales reached 50,815 cars, down 22.2% The share of Volvo Cars with a fully electric or plug-in hybrid powertrain—the Recharge models—amounted to 25.5% of all cars being sold globally for the first 10 months to 31 October. Sales of Volvo Cars’ fully electric models reached 3.1%

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Volvo Trucks and Bucher collaborate to electrify sewer cleaner trucks

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By the end of 2023, Bucher Municipal expects to deliver up to 80 fully electric sewer cleaner trucks to cities in Europe. The introduction of more zero emission zones in cities around the world is generating demand for fully electric trucks.

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

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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. In 2026, SSAB aims to supply the market with fossil-free steel at a commercial scale. This steel will be used for testing purposes and may be used in a concept car.

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Volvo Cars opens new Tech Hub in Singapore

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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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NEVS partners with Hewlett Packard Enterprise to accelerate global electric car production

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Hewlett Packard Enterprise’s Enterprise Services business will help National Electric Vehicle Sweden (NEVS) accelerate the setup of its global electric vehicle production. As part of the project, HPE will create a global manufacturing IT platform for NEVS that will operate across plants in Sweden and China.

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