Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor
Volvo AB’s second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck maker’s shares over the past months.
Truck Manufacturer JV Opens First Heavy-Duty EV Charging Hub
Milence opened phase one of its first heavy-duty vehicle charging hub in the Dutch town of Venlo, it said recently.
Volvo Workshop Prepares Fleet Partners for CARB Regulations
Now is the time for fleets to meet the challenge of complying with next year’s CARB regulations, a panelist said during a virtual Volvo Trucks regulatory workshop.
Volvo Buys Bankrupt Proterra’s Battery Business
Volvo Group will acquire the battery business of Proterra Inc. and Proterra Operating Co., the businesses said separately.
Volvo Introduces Central Portal for Connected Truck Services
AUSTIN, Texas — VTNA has introduced a new fleet management portal designed to make it easier for trucking operations to monitor health and performance through connected vehicle technology.
Volvo Picks New Chairman Amid Spinoff Talk
Volvo Group, one of the world’s largest truck makers, has proposed that Par Boman be appointed its new chairman at the Swedish company’s annual general meeting in March.
Volvo Charts Customer-Focused Path for Zero-Emission Goals
GOTHENBURG, Sweden — Leaders from Volvo Trucks said they’re taking a customer-focused approach to achieving corporate goals for reduction of carbon emissions.
Volvo, Mack EVs Recalled Over Fire Concerns
Volvo AB is recalling nearly all battery-powered electric trucks in the U.S. that were made over the past four years because of an issue that may potentially cause a battery fire.
Volvo Signs Green Power Deal for Vattenfall Wind Power
Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.
Cement Maker Orders up to 1,000 Volvo Electric Trucks
Volvo Trucks has signed a letter of intent to sell up to 1,000 electric trucks to a single customer in its largest EV order to date, the manufacturer announced May 22.