Volvo – Page 164 – I wish I had more to offer

Daimler, Navistar, Volvo ally for heavy-duty truck charging

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STOREDOT ACHIEVES MAJOR COMMERCIALIZATION MILESTONE WITH FIRST PRISMATIC XFC BATTERY CELLS

Prismatic cells offer performance benefits and mechanical protection for electric vehicles, making them the preferred form factor for many OEMs Detailed cell design and expert engineering were required to manage the technological challenges associated with silicon-based anodes and high currents when scaling StoreDot’s Extreme Fast Charging (XFC) solution from soft pouch to hard prismatic cells StoreDot… Continue reading STOREDOT ACHIEVES MAJOR COMMERCIALIZATION MILESTONE WITH FIRST PRISMATIC XFC BATTERY CELLS

German Manager Magazine: Volvo: Car maker turns off Polestar’s money supply003070

The Swedish car maker Volvo is turning this around Electric car manufacturer Polestar shuts off the money. In the future, support for the company will come solely from Polestar co-owner Geely, Volvo Cars announced on Thursday. Polestar said Volvo Cars would remain a strategic partner in development, manufacturing or spare parts business, but was considering… Continue reading German Manager Magazine: Volvo: Car maker turns off Polestar’s money supply003070

Volvo completes acquisition of battery business from Proterra Inc. and Proterra Operating Company

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ — The Volvo Group has today completed the previously announced transaction whereby the Group acquired the battery business from Proterra Inc. and Proterra Operating Company Inc. The acquisition, which was made at a purchase price of USD 210M before adjustment for inventory level at closing, includes a development center… Continue reading Volvo completes acquisition of battery business from Proterra Inc. and Proterra Operating Company

Volvo Cars to stop funding Polestar electric sports car business

Standard Digital FT Digital Edition Premium Digital Print + Premium Digital Print Trial $39 per month Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%. What’s included Everything in Standard Digital Global news & analysis Expert opinion Special features FirstFT newsletter Videos & Podcasts Android & iOS… Continue reading Volvo Cars to stop funding Polestar electric sports car business

@Geely-Volvo: Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company’s 97-year history

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Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company’s 97-year history

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ — Full Year 2023 2023 revenue was SEK 399.3 bn (SEK 330.1 bn in 2022) 2023 operating income (excl. JVs and associates) was SEK 25.6 bn (SEK 17.9 bn in 2022) 2023 operating income was SEK 19.9 bn… Continue reading Volvo Cars 2023 profit increases by 43 percent to deliver a record year in the company’s 97-year history

Harald Jachwitz Andersen becomes the new director of the National Association of Bicycle Transporters (BIL)

Harald Jachwitz Andersen (50) is employed as the new director of the Bilimportørenes Landsforening (BIL). “Strengthening the car’s place in society and as an engine in the green shift is a mission I’m really passionate about. I am very much looking forward to embarking on this work, together with a highly skilled team, and committed… Continue reading Harald Jachwitz Andersen becomes the new director of the National Association of Bicycle Transporters (BIL)

Volvo launches new trucks worldwide – future proofing its product portfolio

Volvo launches new trucks worldwide – future proofing its product portfolio “This is a bold move– we are launching new best-in-class trucks that will set a benchmark for energy efficiency and reduction of CO2 emissions across the entire product range,” says Roger Alm, President Volvo Trucks. “They have been designed to accelerate the journey towards… Continue reading Volvo launches new trucks worldwide – future proofing its product portfolio