Following the sale of UD Trucks to Isuzu Motors, the Board of Directors at AB Volvo has proposed the proceeds from the sale be distributed to its shareholders, at SEK9.50 per share.

Alfdex AB has won a contract to supply crankcase gas separators for a new engine platform with a major domestic truck manufacturer in China. 

Scandinavian Enviro Systems is in the process of getting planning to build a new end-of-life-vehicle-tyre recycling plant in Lillesjö, Uddevalla Municipality with an annual capacity capable of recycling half of all end-of-life tyres in Sweden.

Volvo Group has announced investment of USD33m during a groundbreaking ceremony by Volvo Trucks North America at one of its main production sites in Hagerstown, Maryland.

DAFO Energy Storage Protection is participating in a project together with the Swedish electronic testing solutions company, Wireflow, to develop a system for battery cell testing.

Electric Truck manufacturer, Volta Trucks, which has its headquarters in Gothenburg, Sweden, has revealed ambitious plans, up to 2025, to expand its range of zero-emission trucks to cover four segments from 7.5t to 19t and to base its manufacturing sites close to core markets.

As previously announced (T&BB March 2021), Volvo Group of Gothenburg, Sweden and Daimler Truck AG of Stuttgart, Germany have now created a new joint venture company designed to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond.

Software specialist, BlackBerry Ltd of  Waterloo, Ontario, Canada has been selected by Volvo Group to provide BlackBerry QNX as the foundation software for its main domain controller of electronic control units in more than 300,000 heavy vehicles the company manufactures every year.

Chelmsford-based Tevva Motors Ltd, a developer of long-range zero emission trucks and Vattenfall Network Solutions of London, UK, a division of Sweden-based energy company, Vattenfall AB, have signed a Memorandum of Understanding to co-operate over helping businesses switch to zero-emission vehicle fleets and reduce the overall carbon impact of their operations.  

Volvo Trucks North America Inc of Greenboro, North Carolina, in announcing the supply of a Volvo VNR Electric to Quality Custom Distribution - the first zero-emission, battery-electric truck to be deployed in QCD’s fleet of more than 700 vehicles – has also announced production of the Class 8 electric truck slated to begin in early 2021 at the company’s New River Valley manufacturing plant in Dublin, Virginia.

Volvo’s Class 8 VNL long haul heavy-duty tractor truck is celebrating over a quarter century of production at the company’s New River Valley plant in Virginia, USA, where it has been assembled since its launch in 1996.

A Volvo Group subsidiary, Volvo Autonomous Solutions based in Gothenburg, Sweden, has entered a strategic partnership with start-up software company, Aurora Innovations Inc of Mountain View, California, United States to develop jointly global autonomous transport solutions at scale.