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Enabling hydrogen-powered heavy vehicles by climate-neutral steel production together with Ovako.
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At the Volvo Group in Curitiba, Brazil, the employees put the emphasis on safety 24 hours a day, 7 days a week. “We’re very good at looking after ourselves in the factory and the office. We’ve put in place a whole series of measures to reduce the number of accidents. But as soon as we leave work, we forget to think about our safety. That’s why we started the 24/7 Safety programme,” says Maila Faria, Safety Manager, Volvo Group Latin America.
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Volvo Group’s climate targets are in line with what the latest climate science deems necessary to keep global warming at a maximum 1.5⁰ C. Volvo Group’s pathway to reach the goals of the Paris Climate Agreement has now been validated by the Science Based Targets initiative (SBTi). “We are committed to take the lead and transform our industry towards a more sustainable future,” says Martin Lundstedt, President and CEO of Volvo Group.
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Volvo Group is committed to the goals of the Paris Climate Agreement, but how do we know we’re reducing our emissions fast enough? Björn Brovik, Environmental Director at Volvo Group, explains how science-based targets will lead the way.
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AB Volvo hereby gives notice to the Extraordinary General Meeting Tuesday, June 29, 2021.
`Press release
06/02/2021
Volvo Penta acquires majority stake in marine battery systems pioneer ZEM AS
Volvo Penta is expanding its capabilities, experience, and range by becoming the majority shareholder of Norwegian marine battery and electric driveline solutions supplier ZEM AS.
`Press release
06/01/2021
AB Volvo's Board of Directors proposes a distribution of the proceeds from the sale of UD Trucks
AB Volvo's Board of Directors proposes that the proceeds from the sale of UD Trucks are to be distributed to the shareholders and will convene an Extraordinary General Meeting for a resolution on the proposal. The proposal entails a distribution of SEK 9.50 per share, corresponding to approximately SEK 19 billion. The Extraordinary General Meeting will be held on June 29, 2021.
`Press release - Business Area
05/31/2021
Full speed ahead on autonomous transport solutions for ports
Volvo Autonomous Solutions, together with commercial partners, is now taking the next step towards autonomous transport solutions within the port and logistics center segment. By collecting data with a sensor-equipped truck in the port area of Gothenburg, Sweden, Volvo Autonomous Solutions is moving towards commercialization of autonomous transport solutions on both public roads and confined port areas.
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Data Science and Artificial Intelligence (AI) are growing fast as key enablers for future transport solutions.
`Press release
04/29/2021
Gothenburg, Sweden / Stuttgart, Germany – Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With the ambition of becoming a leading global manufacturer of fuel-cell systems, cellcentric will build one of Europe’s largest planned series production of fuel-cell systems, with operation planned to commence in 2025. To accelerate the rollout of hydrogen-based fuel-cells, the two cellcentric shareholders call for a harmonized EU hydrogen policy framework to support the technology in becoming a viable commercial solution.
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