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As the world’s first truck manufacturer to do so, Volvo is now introducing fossil-free steel in its trucks. The steel is produced by the Swedish steel company SSAB and the heavy-duty electric Volvo trucks will be the first to include it.
Volvo Group will hold its Capital Markets Day on June 22, 2022. At the event, executive management will outline the key building blocks in the Volvo Group’s transformation towards 2030.
Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks.
Introducing the driving force of tomorrow. You might think you’ve seen a vehicle battery before – the box beneath the hood of your car that gets it going and occasionally needs to be attached to jump leads. But there’s a world of difference between these familiar objects and the altogether more complex battery packs that power Volvo Group’s products – providing reliable power and range to heavy-duty equipment and propelling us together into a cleaner, better future. Let’s run through what makes them so special.
If you want your customers to buy electric trucks, you need to ensure that they can charge them without hassle. Marcus Anemo, Senior Innovation Manager at Volvo Group Connected Solutions, shares the insight the team have gained when running the CoWatt project, a servitization reference case of a multi brand charging service for commercial vehicles focusing hassle free charging.
Press release
05/13/2022
The Foundation Assar Gabrielssons fund scholarship recipients 2022 appointed
The Assar Gabrielsson Foundation has nominated Angela Molinaro as the winner in the basic science research category and Emilia Alfonzo Rodriguez as the winner in the clinical research category. The scholarship recipients, who both do research at the University of Gothenburg, are rewarded with SEK 100,000 each, which is paid to the Sahlgrenska Academy at the University of Gothenburg as extra research grants.
Press release
05/12/2022
DHL and Volvo Trucks kick-off new zero emission cooperation with order for up to 44 electric trucks
Volvo Trucks and Deutsche Post DHL Group have signed a cooperation agreement to accelerate the shift to zero exhaust emission vehicles. DHL intends to intensify its transition to heavy electric trucks by deploying a total of 44 new electric Volvo trucks on routes in Europe.
Volvo Group joins the Plug and Play Supply Chain vertical. The Supply Chain vertical was launched in Silicon Valley location in 2017 and has grown to over 40 partners from around the world. Volvo can use Plug and Play’s platform to identify what is next on the horizon for supply chain and logistics and use those technologies for sustainable growth.
“Economic activity continued to be good in Q1 2022 with high transport volumes and good construction activity in most markets. We increased sales and improved profitability. Our net sales grew by 12% to SEK 105.3 billion. The high business activity combined with our growing service contract portfolio resulted in continued good service growth, which was up by 19%. Adjusted operating income increased to SEK 12.7 billion (11.8) and we achieved an adjusted operating margin of 12.0% (12.6) despite a challenging supply chain situation,” says Martin Lundstedt, President and CEO.
The Volvo Group report for the first quarter 2022 will be published on April 22, 2022, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST.
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