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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. Volvo XC40 Recharge powertrain. The XC40 Recharge P8 is the first of a family of fully electric Volvos.

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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. The €500-million bond was issued under Volvo Cars’ Euro Medium Term Note program. I am very pleased that we successfully placed our first green bond.

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Volvo Trucks and Bucher collaborate to electrify sewer cleaner trucks

Green Car Congress

Volvo Trucks and Bucher Municipal have now entered into a collaboration to electrify sewer cleaner trucks. Bucher Municipal is expecting that up to 80 sewer trucks, or 50% of their production of cleaning vehicles, will be zero exhaust emission trucks from Volvo by the end of 2023. —Volvo Trucks President Roger Alm.

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DFDS orders 100 Volvo electric heavy-duty trucks

Green Car Congress

Volvo Trucks received an order for 100 Volvo FM Electric trucks from DFDS, Northern Europe’s?largest The deal is the largest commercial order to date for Volvo electric trucks, and one of the largest yet for heavy electric trucks worldwide. DFDS has chosen a financing solution provided by Volvo Financial Services.

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Volvo introducing fossil-free steel in its trucks

Green Car Congress

The world’s first truck manufacturer to do so, Volvo is now introducing fossil-free steel in its trucks. The steel is produced by the Swedish steel company SSAB ( earlier post ) and the heavy-duty electric Volvo trucks will be the first to include it. —Jessica Sandström, Senior Vice President Product Management, Volvo Trucks.

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Volvo Cars launches all-electric Volvo C40 Recharge; all cars to be pure electric by 2030

Green Car Congress

Volvo Cars launched the battery-electric Volvo C40 Recharge; based on the CMA vehicle platform it is the first Volvo model designed as pure electric only. Following the introduction of the XC40 Recharge and now the C40 Recharge, Volvo Cars will roll out several additional electric models in coming years.

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Volvo Cars unveils flagship electric SUV EX90

Green Car Congress

In Stockholm, Volvo Cars unveiled its new fully electric flagship SUV, the 7-seat EX90. Starting with the Volvo EX90, Volvo Cars will reveal one new fully electric car each year. The Volvo EX90 will be built in the US starting next year and later also in China. By 2030, the company aims to sell only fully electric cars.

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