Tag: Volvo

German Handelsblatt: Electromobility: Volvo wants to build battery factory with VW participation Northvolt 002267

Volvo The Swedish carmaker wants to equip its own cars as well as those of the luxury electric brand Polestar with batteries from the joint venture. (Photo: Reuters) Stockholm The Swedish car manufacturer Volvo wants to set up a joint venture with Volkswagen’s battery partner Northvolt. The joint venture, which is held equally by the… Continue reading German Handelsblatt: Electromobility: Volvo wants to build battery factory with VW participation Northvolt 002267

Volvo Car Group and Northvolt to join forces in battery development and production

Volvo Car Group intends to establish a joint venture with leading Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars. As a first step for the 50/50 joint venture, Volvo Car Group and Northvolt aim to set up a research… Continue reading Volvo Car Group and Northvolt to join forces in battery development and production

US-based Neo4j raises $325m in Series F funding round led by Eurazeo, GV …

Neo4j, one of the leaders in graph technology, has raised $325 million in a Series F funding round led by Eurazeo with participation from GV (formerly Google Ventures), according to an announcement. This new round brings the company’s valuation to over $2 billion. Existing investors One Peak (an investor since 2018), Creandum (an investor since 2014),… Continue reading US-based Neo4j raises $325m in Series F funding round led by Eurazeo, GV …

World NM: Not the end of the assembly line: American start-up pulls Dutch car factory back from the brink001324

Canoo handout VDL Nedcar in Born is going to build electric cars for new American car maker Canoo from next year. The order, which will run until 2028, comes a year before the end of the contract with BMW for which Nedcar builds Minis and BMWs. The new contract is ‘fantastic news for our workers… Continue reading World NM: Not the end of the assembly line: American start-up pulls Dutch car factory back from the brink001324

Bosch to supply fuel-cell components to Daimler Truck and Volvo Group JV

Fuel cells are finding their way onto the roads around the world. Bosch has won a major order for electric air compressors with integrated power electronics. These compressors govern the fuel-cell system’s oxygen supply. Bosch has signed a long-term agreement with cellcentric, the 50:50 joint venture between Daimler Truck and Volvo Group, to supply this… Continue reading Bosch to supply fuel-cell components to Daimler Truck and Volvo Group JV

Daimler speeds up shift to electric vehicles, Manager Magazin reports

LONDON, June 17 (Reuters) – Daimler AG (DAIGn.DE) will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday. Many of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be… Continue reading Daimler speeds up shift to electric vehicles, Manager Magazin reports

Volvo Cars teams with SSAB for using fossil-free steel in auto industry

Volvo Cars is teaming up with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel using Hybrit technology for the automotive industry. As part of the collaboration, Volvo Cars will be the first car maker to secure SSAB steel made from this technology and will be used for testing and for… Continue reading Volvo Cars teams with SSAB for using fossil-free steel in auto industry