25 Design Verification prototypes of the 16t truck are to be produced imminently in preparedness for testing in early 2022.

Bedeo will leverage Protean Electric's in-wheel motor technology in the electrification of light commercial vehicles.

The VECV Bus Division of Bengaluru (a wholly-owned subsidiary of VE Commercial Vehicles Ltd (VECV) of Pithampur, which incorporates the former Volvo Buses India Pvt Ltd and Eicher Motors Ltd companies) has launched its first fully-built sleeper coach

The Group reported an increase of 11% in net sales but supply chain issues led to production delays and increased costs.

Swedish component manufacturer Concentric AB, based in Linköping, has announced the acquisition of Engineered Machined Products Inc. (EMP), a producer of electric and mechanical oil and water pumps, electric fans and thermal management systems based in Syosset, New York. Concentric purchased EMP in cash for approximately USD147 million.

Following a 100-truck order from Danish shipping company DFDS, Volvo Trucks has pledged to expand electric truck sales to half of total sales by 2030.

Nissens Automotive now has exclusive rights to market the powertrain cooling systems specialist's products in Europe, Asia and the U.S. and access to new technologies.

The 200-kW powertrain, to be marketed across the world, is developed entirely by Volvo and is suited for single deck and double deck applications.

The autonomous driving technology was jointly developed by Aurora and Volvo Autonomous Solutions, and will be integrated with Volvo VNLs at the New River Valley Assembly Operations in Virginia.

The platform, created in collaboration with PTC Inc, is intended to harmonise research and development across the Volvo Group.

Pump manufacturer, Concentric AB of Linköping, Sweden has announced its Senior Vice President of Europe and Rest of the World, David Bessant, has left the company. John Beadsworth, formerly the Managing Director of Concentric Birmingham & Pune, has assume his position on an interim basis. The company states it will be announcing a successor soon.

Signatories are committed to achieving net zero emissions by 2040 by decarbonising all aspects of their business and neutralising any remaining emissions with carbon offsets.