DSV Orders 300 Electric Semi Trucks from Volvo, Plans to buy 2,000 More
Global logistics firm DSV placed an order for 300 fully electric semi trucks from Volvo Trucks. The deal is one of the largest such orders placed so far, and gives DSV one of the largest electric trucking fleets in Europe….
Volvo Cars’ Global Sales up 6 Per cent in July
Volvo Cars reported global sales of 57,447 cars in July, up 6 per cent compared to the same period last year. The sales increase was primarily driven by the strong sales of our fully electric cars in Europe. The company’s…
Volvo Cars to Launch First Commercially Available EV Battery Passport
According to a Wall Street Journal story about Volvo’s battery passport, among the information it includes is verified data regarding the battery’s raw materials, the chain of custody of components and recycled material. “The purpose of the battery passport is…
Volvo’s U.S. PHEV Sales Outsold EVs By A Ratio Of 9 To 1 In Q2 2024
Volvo Cars USA reported that in June, its car sales in the U.S. decreased by 28% year-over-year to 9,304. The company explained that the results were impacted by “third-party IT-related disturbances that affected retailers across the industry.” Volvo’s plug-in car…
Volvo Trucks Customer Martin Brower Expands VNR Electric Fleet to Help Advance McDonald’s Global Net Zero GHG Emissions Goals in Canada
Volvo Trucks North America customer Martin Brower, a leading supply chain solutions provider for global restaurant chains, is taking delivery of ten additional Volvo VNR Electric vehicles that will support food and beverage deliveries to select McDonald’s restaurants in the…
EU Approves Slovakia State Aid for Volvo Car EV Plant
The European Commission approved a plan by Slovakia to provide state aid to Volvo Car, supporting the Swedish auto maker’s development of a new electric-vehicle production plant in the country. Under the plan, Slovakia will issue grants worth 267 million…
CMA CGM Joins Renault and Volvo in Flexis Electric Truck JV
CMA CGM has joined the Flexis electric light van manufacturing joint-venture, formed between carmakers Renault and Volvo last month. The French container shipping line announced this morning it had invested €120m in Flexis SAS to acquire a 10% stake in…
EIB Funds €420m to Support Fully Electric Volvo Car Range
The European Investment Bank (EIB) has announced it has signed a €420m financing agreement with Volvo Car Corporation to help create a fully electric Volvo car platform. The sizeable loan agreement will support Volvo in its vision to become an…
Volvo Has Delivered its First Electric Trucks in Latin America
Volvo Trucks has delivered eight heavy electric trucks to customers in Brazil, Chile and Uruguay. These orders represent Volvo’s first sales of zero-exhaust emission trucks to Latin America. Volvo Trucks is continuing to enter new markets with its battery electric…
Volvo Enters Latin America With 2,419 Electric Car Charging Points
Volvo and Evergo have formed a partnership to install 2,419 charging points for electric vehicles across seven Latin American and Caribbean countries over the next three years.While the adoption of such vehicles in the region lags behind others, battery electric…