Volvo

Business, Technology, Fuel

Volvo Group Venture Capital Invests in Wireless Electric Charging

Wireless Electric Charging A truck backs onto a Momentum Dynamics charger. (Momentum Dynamics via YouTube)

Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.

Transport Topics
January 18, 2019
Government, Business, Technology, Equipment

Volvo Trucks to Take $780 Million Charge Over Emissions Flaw

Volvo Truck Bloomberg News

Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.

Anthony Palazzo and Niclas Rolander | Bloomberg News
January 4, 2019
Business, Technology, Fuel

Volvo Trucks to Introduce All-Electric Version of VNR Model

A preview of the Volvo VNR Electric A preview of the Volvo VNR Electric. (Volvo Trucks North America)

WASHINGTON — Volvo Trucks will bring electric-powered commercial trucks to North America in 2019 by introducing a battery-electric version of its VNR regional haul model.

Seth Clevenger | Managing Editor, Features
December 11, 2018
Business, Technology, Autonomous

Volvo Will Monetize Autonomous Vehicles Before Driver Data, CEO Hakan Samuelsson Says

Volvo's Hakan Samuelsson Volvo's Hakan Samuelsson by Patrick T. Fallon/Bloomberg News

Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle.

Gabrielle Coppola | Bloomberg News
November 28, 2018
Business, Technology

Mack, Volvo Enhance Over-the-Air Software Update Capabilities

Mack Trucks and Volvo Trucks have improved upon their over-the-air feature, which allows for updates to occur while a driver has downtime, such as while at a rest stop or home.

Transport Topics
October 22, 2018
Government, Business, Technology

AB Volvo Posts Record Third Quarter, Higher Income and Revenue

Volvo VNL 760 interior John Sommers II for Transport Topics

AB Volvo notched a 38% gain in net income as record third-quarter revenue was lifted by stronger truck orders and deliveries.

Roger Gilroy | Staff Reporter
October 22, 2018
Business, Technology, Equipment, Autonomous

Volvo Exhibits Autonomous Vera Concept

Volvo's Vera autonomous truck concept Volvo's autonomous Vera concept vehicle has a fifth-wheel — but no cab. (Seth Clevenger/Transport Topics)

HANOVER, Germany — Volvo Trucks exhibited an autonomous truck concept that entirely removes the cab from the tractor and highlighted its investments in electric vehicles at the IAA Commercial Vehicles show.

Seth Clevenger | Managing Editor, Features
September 20, 2018
Business, Equipment

Volvo Profits Jump 47% on Sales Growth

Volvo VNL A Volvo VNL 860 Sleeper on display at 2017 NACV by John Sommers II for Transport Topics.

Volvo AG reported second-quarter operating income of $1.4 billion, or 50 cents a share, a 47% increase from $939 million, or 32 cents, in the same period a year ago.

Burney Simpson | Staff Reporter
July 19, 2018
Business, Technology, Equipment, Safety

Volvo, FedEx Team on Live Platooning in North Carolina

Volvo platooning demonstration in North Carolina Volvo, in collaboration with FedEx Corp. and the North Carolina Turnpike Authority, demonstrates on-highway truck platooning on N.C. Route 540. (Volvo Trucks North America)

Volvo Trucks North America and FedEx Corp. demonstrated on June 27 a platooning system with three twin trucks on a stretch of Route 540 in North Carolina, one of 10 official test sites for driverless cars designated in 2017 by the U.S. Department of Transportation.

Burney Simpson | Staff Reporter
June 27, 2018
Government, Business, Equipment

Volvo Sees New South Carolina Plant as Hedge Against Tariffs

The Volvo S60 at the company’s first American manufacturing plant outside Charleston, S.C. (Volvo Cars)

When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud proof point for the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.

Gabrielle Coppola | Bloomberg News
June 20, 2018

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