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The Volvo Group report for the fourth quarter 2021 will be published on January 28, 2022, at 7.20 a.m. CET. There will be a video conference call for press and analysts starting at 9.00 a.m. CET.
Volvo Trucks continues to lead the deployment of zero-tailpipe emission trucks across the world. In North America, the company now launches an enhanced version of its Volvo VNR Electric with up to 85% increased range and faster charging.
Press release
01/04/2022
Volvo’s heavy-duty electric truck is put to the test: excels in both range and energy efficiency
Now the first independent energy efficiency test with a fully loaded heavy-duty electric Volvo truck has been done in Germany. The electric truck exceeded its official range and used 50% less energy than its diesel counterpart.
Volvo Trucks has received an order for an additional 25 heavy electric trucks from DFDS, Northern Europe's largest shipping and logistics company. The new vehicles are on top of the record order of 100 Volvo FM electric trucks that was made in October, adding up to a total of 125 electric trucks for DFDS.
Press release
12/16/2021
Gothenburg, Sweden / Munich, Germany / Stuttgart, Germany – The three leading commercial vehicle manufacturers Volvo Group, Daimler Truck, and the TRATON GROUP have now signed a binding agreement to create a joint venture (JV) to install and operate a high-performance public charging network for battery electric, heavy-duty long-haul trucks and coaches across Europe. As previously communicated, the parties are committed to initiating and accelerating the necessary build-up of charging infrastructure for the increasing number of customers of electric vehicles in Europe and contribute to climate-neutral transportation in Europe by 2050. The JV creation is subject to regulatory approvals.
Press release
11/04/2021
Volvo founding member of First Movers Coalition to drive demand for low carbon tech
Roughly half of the emission reductions needed to reach the 2050 climate goals rely on technologies in early development, demonstration, or prototype phases. Accelerating innovation in this decade is critical to bring these technologies to market and make them cost-competitive. To jumpstart this effort, the World Economic Forum, in partnership with US Special Presidential Envoy for Climate John Kerry, announced the First Movers Coalition - a new platform for companies to make purchasing commitments that create market demand for low carbon technologies. Volvo Group joins the Coalition as founding member.
Press release
11/03/2021
Volvo and Holcim jointly work in a project to use autonomous electric haulers
Volvo Autonomous Solutions and Holcim Switzerland have partnered to jointly test and further develop the use of autonomous electric haulers in a limestone quarry. The two companies are dedicated to seeking infrastructure and transport solutions that are safe, efficient, innovative and sustainable.
Paul Anastas, a Yale professor and pioneer in developing non-hazardous chemicals, wins the 2021 Volvo Environment Prize, one of the world’s most respected scientific environmental awards. The research of Paul Anastas "is revolutionizing the chemical industry, a key contribution to meeting the sustainability challenge," says the Prize Jury.
This fully autonomous, battery-electric prototype by Volvo Construction Equipment (Volvo CE) is the first real-world example of a self-learning concept wheel loader with the brains to make decisions, perform tasks, and interact with humans. It is also the first time ever a LEGO® Technic model has been turned into a real machine. While not commercially available, engineers expect that valuable insights from the LX03 will feed into applications for today and tomorrow.
“During Q3 2021, demand for the Volvo Group’s products and services was good in most markets around the world. We increased our net sales to SEK 85.3 billion with strong growth not least in the service business. However, the quarter was affected by shortages of semiconductors, other components and freight capacity resulting in production disturbances and increased costs. Despite this, we delivered an adjusted operating income of SEK 9.4 billion, which corresponds to a margin of 11.0%,” says Martin Lundstedt, President and CEO.
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