Volvo Group Venture Capital has invested in Optibus, the provider of a Software-as-a-Service solution designed to facilitate the digitalization and electrification of public transportation. Optibus says its service is in use in 1,000 cities in 26 countries. “Optibus offers a scalable SaaS solution and has doubled its revenue year over year,” says Christina Brinck, Investment… Read more »
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Volvo Cars to build EV manufacturing plant in Slovakia
Volvo Cars plans to establish its third European manufacturing plant in Slovakia. The new facility, which will build only EVs, will complement the company’s plants in Ghent, Belgium and Torslanda, Sweden. The new facility represents an investment of around 1.2 billion euros. It will be located close to Kosice, in eastern Slovakia, where it will… Read more »
Volvo Energy invests in Connected Energy’s second-life battery business
Volvo Energy has acquired a 10% stake in UK-based second-life battery energy storage specialist Connected Energy for 50 million Swedish kroner ($4.93 million). Volvo Energy is one of five new investors in the company. Volvo Energy, a business area within the Volvo Group, is “dedicated to providing essential support and infrastructure during the first-life, i.e…. Read more »
Clean trucks to clean cities: Volvo Trucks to deploy 80 electric sewer cleaner trucks in Europe
Several cities in Europe, and a couple in China, have implemented zero-emission zones, and this is expected to generate demand for electric service trucks. Bucher Municipal, a global supplier of municipal vehicles such as street sweepers, winter maintenance equipment and refuse vehicles, has joined forces with Volvo Trucks to develop an all-electric sewer cleaner built… Read more »
AMPLY Power to manage charging for Volvo VNR electric truck fleet in California’s Central Valley
Fleet charging specialist AMPLY Power will support the deployment of two Volvo VNR Electric Trucks operated by Producers Dairy in Fresno. AMPLY managed the design and installation of charging infrastructure at the company’s processing facility, which includes two 150 kW DC fast chargers. AMPLY will also provide ongoing managed charging services through its OMEGA platform…. Read more »
Truck-as-a-Service startup WattEV orders 50 Volvo VNR electric trucks
WattEV has ordered 50 Volvo VNR Class 8 electric trucks to launch its Truck-as-a-Service (TaaS) model in California. Over the next several months, the e-trucks will begin operating on routes between California’s San Joaquin Valley, Inland Empire, and the Ports of Long Beach and Los Angeles. WattEV’s TaaS model offers shippers and carriers access to… Read more »
Danish concrete provider plans to test 11 Volvo FM Electric trucks
Unicon, a producer and supplier of ready-mixed concrete in Denmark, operates a fleet of 195 trucks, and is beginning to explore the possibility of electrification. The company tested a Volvo FE Electric truck, and now plans to order 11 Volvo FM Electric models, which will be converted to cement mixers. Deliveries are to start by… Read more »
Volvo Penta’s Transformation From Diesel Engine Supplier to Complete ZEV Solution Provider
In this session, Volvo Penta’s Zeyd Okutan will discuss the company’s electric driveline solutions and the strategic approach it has chosen to electrify the non-highway segment connected to its long experience in diesel engines. Working together with its customers, Volvo Penta leverages the knowledge and proven technology of the entire Volvo Group to move towards… Read more »
Volvo Trucks claims the lead in Europe’s electric truck market
Sales of heavy-duty battery-electric trucks are starting to climb in Europe, and Volvo Trucks claims to have established a leading market share of 42% in 2021. The company took orders for more than 1,100 electric trucks worldwide. Volvo cites statistics from the market analysis group IHS Markit, which found that some 346 electric trucks (16… Read more »