GÖTEBORG, Sweden , July 19, 2022 /PRNewswire/ — “The Volvo Group continued to perform well in Q2 2022 with strong growth and improved profitability. We increased our net sales by 31% to SEK 118.9 billion with good momentum both in the sales of vehicles and in the service business. The adjusted operating income rose to SEK 13.7… Continue reading Volvo Group – the second quarter 2022
Tag: Volvo
New 2022 Polestar 3 could start from around £70,000
The new Polestar 3 will arrive in October this year and go head to head with the Tesla Model Y – and the brand’s chief executive officer Thomas Ingenlath has revealed that it’ll cost between 75,000 and 110,000 euros. If Polestar maintains its current European pricing strategy for the forthcoming SUV, we expect UK pricing… Continue reading New 2022 Polestar 3 could start from around £70,000
ZeroAvia and PowerCell sign memorandum of understanding regarding joint development and series deliveries of Fuel Cell Stacks for Aviation
The partnership will see both parties continuing work together to modify existing PowerCell stacks for optimal performance within ZeroAvia’s hydrogen-electric, zero-emission aviation powertrains. PowerCell intends to assemble the modified stacks for incorporation into ZeroAvia’s prototype, and later certified, powertrains. PowerCell has been a key supplier of low temperature PEM (LTPEM) fuel cells as part of… Continue reading ZeroAvia and PowerCell sign memorandum of understanding regarding joint development and series deliveries of Fuel Cell Stacks for Aviation
TVR revival back on the cards with three new electric cars
A recent invite received by Autocar to a preview of TVR’s electrified future unveilings suggests the firm is getting back on track with its revival plan, which has been beset by significant setbacks since it revealed its debut model, the Griffith, in September 2017. It follows an announcement from the beleaguered TVR marque that it… Continue reading TVR revival back on the cards with three new electric cars
Tesla accounts for half of China’s electric vehicle exportations
Tesla’s Model Y and Model 3 exportation from Gigafactory Shanghai accounts for half of China’s electric vehicle exportation during the first half of 2022. When Tesla first announced its plan to build a giant electric car factory in Shanghai, CEO Elon Musk said it was solely to supply China’s local demand for electric vehicles and… Continue reading Tesla accounts for half of China’s electric vehicle exportations
German Manager Magazin: Acea sales figures for Volkswagen, BMW, Mercedes: weak first half of the year for Europe’s auto industry001922
The European car market continues to stutter in the face of a lack of delivery parts. In June, new car registrations in the European Union (EU) continued their weak record of the previous months, with a total of 886,510 vehicles, fewer new cars were registered than in a month since 1996, as the industry association… Continue reading German Manager Magazin: Acea sales figures for Volkswagen, BMW, Mercedes: weak first half of the year for Europe’s auto industry001922
Steelmakers explore hydrogen to power energy-hungry processes
Receive free Hydrogen power updates We’ll send you a myFT Daily Digest email rounding up the latest Hydrogen power news every morning. Hydrogen’s role in the decarbonisation of heavy industries is about to be put to the test. Recent months have seen a surge in global companies unveiling pilot schemes aimed at demonstrating the potential… Continue reading Steelmakers explore hydrogen to power energy-hungry processes
Fuel cells show greatest promise in aviation
Receive free Hydrogen vehicles updates We’ll send you a myFT Daily Digest email rounding up the latest Hydrogen vehicles news every morning. On land, sea and air, proponents of fuel cells are promoting their favoured zero-carbon energy source. Cars and commercial vehicles, boats and aircraft are today generating propulsive power by passing hydrogen through electrochemical… Continue reading Fuel cells show greatest promise in aviation
WattEV Secures Funding to Accelerate Heavy-Duty EV Truck-as-a-Service Fleet Deployment in Southern California
WattEV will use funding from the “Last-Mile Freight Program” of the Southern California Association of Governments (SCAG) towards the purchase of 20 of its initial fleet of 50 Volvo VNR Electric Class 8 heavy-duty trucks. This move will help accelerate the deployment of emission-free freight-hauling in the six Southern California counties that make up SCAG’s… Continue reading WattEV Secures Funding to Accelerate Heavy-Duty EV Truck-as-a-Service Fleet Deployment in Southern California
Volvo Trucks Constructing California Electrified Charging Corridor for Medium- and Heavy-Duty Electric Vehicles
“This project will open the door to a truly electrified freight future in which zero-tailpipe emission medium- and heavy-duty trucks are no longer limited to short-mileage, return-to-base operations and can reach far and wide across the state,” said Peter Voorhoeve, president, Volvo Trucks North America. “We are excited to begin construction of the Electrified Charging… Continue reading Volvo Trucks Constructing California Electrified Charging Corridor for Medium- and Heavy-Duty Electric Vehicles