Volvo India aims to have 50% vehicles to run on non-fossil fuel by 2030 Volvo Group President and Managing Director in India Kamal Bali said that the company has set a target to become net zero in terms of carbon emission by 2040 Volvo India aims to have 50 per cent of its vehicles to […]
Volvo Showcases BEV Future around Taiwan with Experience on Sustainability, Safety, and Power – EQ Mag
Volvo aims to accomplish the 100% battery electric target by 2030, and has been constantly communicating with car owners and the public in recent years in the hope of widening the electrification community. The company will be hosting a nationwide showcase of its BEVs and additional electrification technology in Taiwan starting from June this year. […]
Volvo Saw Record-Breaking Growth in Electric Trucks at 254% during Q1 – EQ Mag
Tesla is the EV leader, though Volvo Group has overtaken its competitors in the electric truck field, and is expecting to surpass 50% in battery electric trucks by 2030, before accomplishing its target of 100% battery electric by 2040, after announcing its latest major order recently. Many automotive manufacturers are proposing different targets amidst the […]
Volvo inks deal with Vattenfall to buy renewable electricity – EQ Mag
Volvo Group has signed an agreement with Vattenfall, the largest producer of renewable electricity in Sweden. Volvo will be buying 50 percent (~230GWh/year) of the renewable electricity produced at Bruzaholm wind park in Sweden, over a 10-year period starting in the last quarter of 2025. This partnership with Vattenfall is a step forward in the […]
Google Maps getting expanded EV charging information – EQ Mag
Google claims it will make driving an electric vehicle (EV) easy with a number of new features for Google Maps. These new Google Maps features will only be available on Android Automotive-equipped EVs with Google built-in. At this stage, this includes EVs like the Polestar 2, Volvo C40 and XC40 Recharge, GMC Hummer EV, Renault […]
Volvo, Vattenfall, Iberdrola and Siemens Gamesa join SteelZero initiative – EQ Mag Pro
Major businesses including Volva and Iberdrola are the latest to sign up to the Climate Group’s initiative to using 100% net-zero emission steel for products by 2050. The Climate Group has today (31 May) confirmed that Iberdrola, Siemens Gamesa, Vattenfall BA Wind and Volvo Cars are the latest corporate signatories to SteelZero. Convened by The […]
Volvo plans $2.9B IPO to fund electric vehicle plans – EQ Mag Pro
Stockholm : Swedish automaker Volvo said Monday it plans to raise at least 25 billion kroner (USD2.9 billion) by selling shares to fund its electric vehicle transformation strategy. Volvo and its parent company, Chinese carmaker Geely, have applied to hold an initial public offering on the Nasdaq Stockholm. The money raised from the IPO will […]
Carmakers Plan Switch to Electric Vehicles: What’s in Store
Most leading brands plan to cut back on internal combustion engines Volkswagen wants to be the global leader in electric vehicles An electric car is seen plugged in at a charging point. Leading automakers have signalled their intention to scrap internal combustion engines by 2030 or cut back sharply on their production as the sector […]
Daimler, Volvo, Traton to Build Electric Vehicle Charging Points
Daimler (DDAIF), Volvo (VLVLY), and Traton have agreed to team up to build electric vehicle charging points across Europe. They plan to do so through a joint venture that would initially be capitalized with 500 million euros. The partners would contribute the money and own equal stakes in the joint venture. The partners plan to […]
Volvo, Northvolt Team Up For Electric Battery Factory
Europe has been ramping up efforts to become more autonomous in the battery sector, though it is still very dependent on production from Asia. Stockholm: Volvo and Sweden’s Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030, the companies said […]
