Tag: Volvo

@Daimler: 26. May 2020Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems

May 26, 2020 – Daimler Truck AG and Rolls-Royce plc plan to cooperate on stationary fuel-cell generators as CO2-neutral emergency power generators for safety-critical facilities such as data centers. They are to offer emission-free alternatives to diesel engines, which are currently used as emergency power generators or to cover peak loads. The companies have signed… Continue reading @Daimler: 26. May 2020Rolls-Royce and Daimler Truck AG plan cooperation on stationary fuel-cell systems

Volvo Limits Speed To 180 Km/h: Side Effect Is Positive For EVs

Volvo recently announced that all new models are now limited to a top speed of 180 km/h (112 mph) to reduce serious injuries and fatalities in accidents. Some might perceive it as a quite controversial move. Directly, it’s not related to electric cars, but it’s quite interesting and actually it might bring a significant positive… Continue reading Volvo Limits Speed To 180 Km/h: Side Effect Is Positive For EVs

Cobe designs “chamber of secrets” to develop Lynk & Co subscription car – Dezeen

Danish architecture studio Cobe has revealed its Uni3 design centre for Chinese car manufacturer Geely in Gothenburg, which will include a hidden laboratory for electric car brand Lynk & Co. Designed with a eye on corporate espionage, Cobe describes the development centre for Geely as a “chamber of secrets”. Set to be built on the… Continue reading Cobe designs “chamber of secrets” to develop Lynk & Co subscription car – Dezeen

Coronavirus: Bridgend Ford return to work marks 40 years

Ford’s engine plant in Bridgend is restarting production after a nearly two-month shutdown due to the coronavirus pandemic. Its 1,200 strong workforce has been on furlough since 25 March but this final return to work – with the factory due to close for good in September – also marks its 40th anniversary. When the plant… Continue reading Coronavirus: Bridgend Ford return to work marks 40 years

Press Releases – Personal data: Connected vehicles not the same as smartphones, says auto industry

Brussels, 15 May 2020 – The European Automobile Manufacturers’ Association (ACEA) welcomes the publication of guidelines on personal data relating to connected vehicles, drafted by the European Data Protection Board (EDPB), but believes they are too broad in scope and should not be rushed through. “The automobile industry is committed to providing its customers with… Continue reading Press Releases – Personal data: Connected vehicles not the same as smartphones, says auto industry

Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal

Brussels, 14 May 2020 – CEOs from across the automotive value chain came together for a meeting with the European Commission to align on the priorities for a solid recovery plan for the automotive sector, with a view to stimulating the wider economy and bolstering the transformation to a carbon-neutral society. CEOs of vehicle manufacturers… Continue reading Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal

AB Volvo’s Board of Directors Withdraws Proposal for Ordinary Dividend

GÖTEBORG, Sweden, May 12, 2020 /PRNewswire/ — The Board of Directors of AB Volvo has decided to withdraw the proposal to the Annual General Meeting for an ordinary dividend of SEK 5.50 per share and instead proposes that no dividend for 2019 will be paid. The Volvo Group has a strong financial position. However, there… Continue reading AB Volvo’s Board of Directors Withdraws Proposal for Ordinary Dividend

Truck maker Volvo ditches dividend payment amid COVID-19 crisis

FILE PHOTO: The logo of Volvo is seen on the front grill of a Volvo truck in a customer showroom at its company headquarters in Gothenburg September 23, 2008. REUTERS/Bob Strong (Reuters) – Swedish truck maker Volvo (VOLVb.ST) will withdraw its proposed dividend for 2019, it said on Tuesday, joining a slew of firms opting… Continue reading Truck maker Volvo ditches dividend payment amid COVID-19 crisis