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The previously announced Volvo Group Capital Market Day set to take place on November 11, 2021 will be re-scheduled to spring 2022.

Performance Team – A Maersk Company, a warehousing and distribution company, has placed an order for 16 Volvo VNR Electric Class 8 trucks—the largest commercial order of the North American zero-tailpipe emission model to date. The VNR Electric model from Volvo Trucks North America is the first zero-tailpipe emission, battery-electric Class 8 truck in Performance Team’s fleet, which will be on the road by end of year. When put into service, all 16 vehicles will be carrying regional loads daily to customers across Southern California.

Volvo Trucks has agreed to acquire JMC Heavy Duty Vehicle Co., Ltd., a subsidiary of Jiangling Motors Co., Ltd., which includes a manufacturing site in Taiyuan, Shanxi province, China, for an amount of RMB 0.8 billion (approximately SEK 1.1 billion). The objective is to start production of the new heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks in Taiyuan for customers in China from the end of 2022.