Rio Tinto, Volvo Team up for Low-carbon Materials Supply
Rio Tinto (NYSE:RIO) stock is up 1.5% premarket after the firm has signed a Memorandum of Understanding (MoU) with Volvo (OTCPK:VLVLY) to work together to decarbonise one another's operations. Per the
Volvo Cars Reports 23.9% Drop in US Vehicle Sales
Volvo Cars' (OTCPK:VLVLY) US sales fell 23.9% year-over-year to 8,136 cars in August 2022, including the decline of 30.3% in recharge cars sales. The Sweden automaker reported Friday the total sales o
Jan Gurander to Step Down as Volvo Group Deputy CEO
GÖTEBORG, Sweden, Aug. 19, 2022 /PRNewswire/ -- Jan Gurander will step down as Volvo Group Deputy CEO as of December 31st, 2022. His other managerial assignments within the Group will gradually be distributed to other members of the Volvo Group Executi
Volvo Group starts process to establish plant for battery production in Sweden
GÖTEBORG, Sweden, Aug. 3, 2022 /PRNewswire/ -- To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has initiated the process to establish a large-scale production plant for battery cells in Sweden. "We aim
The Volvo Group, Daimler Truck and the TRATON GROUP kick off European charging infrastructure joint venture
GOTHENBURG, Sweden, MUNICH and STUTTGART, Germany, July 8, 2022 /PRNewswire/ -- Today, the Volvo Group, Daimler Truck, and the TRATON GROUP completed the final step in forming the previously announced joint venture for charging infrastructure in Europe.
Volvo's venture capital arm invests in transportation software developer
Swedish truck maker Volvo AB said Tuesday that its venture capital arm has invested in Optibus Ltd., a company that develops optimization software for public transportation planning and management.
Volvo Group Venture Capital invests in Optibus, a software company for efficient sustainable bus operations
GÖTEBORG, Sweden, July 5, 2022 /PRNewswire/ -- Volvo Group Venture Capital AB invests in Optibus Ltd, that develops and provides optimization software for public transportation planning and management. The investment highlights the companies' shared c
Invitation to the Volvo Group report on the second quarter 2022
GÖTEBORG, Sweden , July 5, 2022 /PRNewswire/ -- The Volvo Group report for the second quarter 2022 will be published on Juli 19, 2022, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST. An online p
Sweden's Volvo Cars to further boost manufacturing capacity with new $1.3 billion electric-only plant in Slovakia
Volvo Cars are establishing a new 1.2 billion-euro ($1.25 billion) production facility in Slovakia.
Simon Matti awarded with Håkan Frisinger's Award for Excellence in Transportation
GÖTEBORG, Sweden, June 23, 2022 /PRNewswire/ -- The 2022 scholarship from Håkan Frisinger's Foundation for Transport Research is awarded to Simon Matti, Professor at Luleå University of Technology. The Foundation has also decided to grant SEK 500 000