In January, shareholders approved a merger between Fiat Chrysler and France’s PSA Group, creating the world’s fourth biggest carmaker. The new group, Stellantis, would be able to “bet big on new innovations in electric, connected and autonomous vehicles”, analysts said at the time. Go to Source
Tag: Volvo
Volvo says it will only sell electric cars by 2030
Swedish automaker Volvo says it will only sell electric cars by 2030, phasing out all diesel, petrol, and hybrid options in an effort to reduce global carbon emissions. The company previously aimed for half of its cars sales to be electric by 2025, but says the new strategy is an “acceleration” of this goal driven… Continue reading Volvo says it will only sell electric cars by 2030
Volvo says it will make only electric cars by 2030
Volvo plans to sell only electric cars by 2030 in the latest move by a legacy carmaker to abandon fossil fuels that contribute to global heating. The Swedish carmaker also said it would only sell its electric cars direct to consumers online, in a blow to the traditional model of selling vehicles via independent dealerships.… Continue reading Volvo says it will make only electric cars by 2030
German Manager Magazin: Electric car: Volvo will be a purely electric car brand from 2030, e-cars will only be sold online000619
The previous big electric announcements often came from brands whose sales figures were comparatively low – and for whom switching to battery-only electric drives should therefore be a little easier. Now, with the Swedish-Chinese luxury car maker Volvo (vehicle sales 2020: 705,452 cars, annual profit in the Corona year: 770 million euros), a significantly larger… Continue reading German Manager Magazin: Electric car: Volvo will be a purely electric car brand from 2030, e-cars will only be sold online000619
@Geely-Volvo: All pure electric Volvo models to be available online only
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@Geely-Volvo: Volvo Cars to be fully electric by 2030
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Volvo Cars to go all electric by 2030 as it shifts sales online
Swedish group to set prices centrally and cut out dealers in ordering vehicles Go to Source
@Daimler: Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric
Gothenburg, Sweden / Stuttgart, Germany – Daimler Truck AG and the Volvo Group today completed the transaction to form the previously announced fuel-cell joint venture. The Volvo Group has acquired 50 percent of the partnership interests in the existing Daimler Truck Fuel Cell GmbH & Co. KG for approximately EUR 0.6 billion on a cash… Continue reading @Daimler: Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric
Volvo’s first EV is stuck on cargo ships waiting for a software update
Volvo XC40 Recharge electric SUVs are currently being held at US ports because the company is waiting to ship a crucial software update before releasing them to customers and dealers, The Verge has learned. The problem appears to be that these XC40 Recharge SUVs — which is Volvo’s first all-electric vehicle — left the company’s… Continue reading Volvo’s first EV is stuck on cargo ships waiting for a software update
Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric
Gothenburg, SWEDEN and Stuttgart, GERMANY, March 1, 2021 /PRNewswire/ — Daimler Truck AG and the Volvo Group today completed the transaction to form the previously announced fuel-cell joint venture. The Volvo Group has acquired 50 percent of the partnership interests in the existing Daimler Truck Fuel Cell GmbH & Co. KG for approximately SEK 6.3 billion (approximately… Continue reading Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric