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Volvo Group creates Volvo Energy business are to focus on batteries and infrastructure

Green Car Congress

Commercial vehicle batteries will be used for many years in the vehicle before they need to be replaced or remanufactured/refurbished. With Volvo Energy, we are further increasing our focus on this important area. The financial results for Volvo Energy will be reported as part of the Truck segment. —Martin Lundstedt.

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News: 2025 Honda CR-V e:FCEV

Clean Fleet Report

This breaks the norm of a fuel cell vehicle run solely on hydrogen or simply with a battery for energy storage. MPGe fuel economy is rated at 61 mpg city/52 highway/57 combined using the electric battery and compressed hydrogen fuel. For all operations, the company aims to reach carbon neutrality by 2050.

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