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Valence Considering Building Battery Plant in US or Europe

Green Car Congress

is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. to produce electric vehicles for North America. Valence is also very focused on the developing hybrid and electric vehicle market in Europe.

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Volvo to Introduce Proprietary Medium-Duty Engine in 2010

Green Car Congress

The first of these new medium-duty engines will be launched in 2010, according to Volvo CEO Leif Johansson in his presentation at Volvo’s Capital Market Day in Eskilstuna, Sweden. In the future, the emissions laws from the various major markets—e.g., The Volvo Group is developing its own medium-duty (MD) engine for trucks and buses.

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Volvo unveils medium heavy engine

Green Cars News

Speaking at Volvo’s Capital Market Day in Sweden, he said: “We have not yet seen any signs of our primary markets in Europe or North America recovering, although we may have started seeing indications of trends leveling out.

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