Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO

Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in a range of… Continue reading Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO

China’s Geely said to pick Citi, others for Volvo Cars IPO

May 10, 2018 Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in… Continue reading China’s Geely said to pick Citi, others for Volvo Cars IPO

Volvo Trucks introduces an EV just for hauling garbage

Volvo Trucks Volvo Trucks has joined the short list of automakers to introduce an EV bigger than a consumer car, but the Swedish company’s new vehicle is special: It’s a garbage truck. The Volvo FE Electric is built to haul up to 27 tonnes of cargo across urban environments, and like all electric vehicles, it… Continue reading Volvo Trucks introduces an EV just for hauling garbage

Android P makes Volvo’s in-car infotainment system even better

Android Auto has been around for years. I know Android Auto when I see it. What’s running inside a sleek Volvo at Google I/O isn’t Android Auto. This is an automobile running full-blown Android P. We’ve seen no shortage of pure Android-powered cars at I/O in years past, but this crimson XC40 is different: it’s… Continue reading Android P makes Volvo’s in-car infotainment system even better

Arizona fatal accident: the autonomous vehicle has detected the pedestrian, without avoiding it

The first fatal accident between an autonomous vehicle and a pedestrian is due to a wrong software setting. Elaine Herzberg, 49, was killed on March 19 in Tempe, Arizona by a driverless taxi Uber in the test phase. The victim, who was walking on the road pushing a bicycle, was overturned at about 60 km… Continue reading Arizona fatal accident: the autonomous vehicle has detected the pedestrian, without avoiding it

Press Releases – Truck CO2 standards must not follow same approach as cars, industry cautions

Brussels, 9 May 2018 – One week before the European Commission publishes its proposal for the first-ever CO2 emission standards for heavy-duty vehicles, the European Automobile Manufacturers’ Association (ACEA) urges policy makers to take into account the specific complexities of the truck market when setting the targets. “Unlike passenger cars, trucks are not consumer goods.… Continue reading Press Releases – Truck CO2 standards must not follow same approach as cars, industry cautions

Intel Powers Next Generation of Android-Based In-Vehicle Infotainment for Volvo Cars

» Click for full imageVolvo Cars partners with Google to build Android into next-generation connected cars What’s New: At the Google I/O conference, Intel, Google and Volvo Cars debuted the latest Android (P) Operating System (OS) running Google applications. Powered by an Intel Atom® automotive system-on-chip (SoC), Volvo Cars demonstrated the latest in-vehicle infotainment (IVI) experiences… Continue reading Intel Powers Next Generation of Android-Based In-Vehicle Infotainment for Volvo Cars