Volvo Group’s collaboration with H2 Green Steel for near zero emission steel is another step forward on the continued journey towards a net zero GHG emission value chain by 2040. Under the long-term agreement Volvo Group will purchase near zero emission steel from H2 Green Steel’s new plant in Boden in Northern Sweden. Start of […]
Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric
Gothenburg, Sweden Stuttgart, Germany : Daimler Truck AG and the Volvo Group today completed the transaction to form the previously announced fuel-cell joint venture. The Volvo Group has acquired 50 percent of the partnership interests in the existing Daimler Truck Fuel Cell GmbH & Co. KG for approximately SEK 6.3 billion (approximately EUR 0.6 billion) […]
Volvo Group begin customer deliveries of all-electric products
Launching a new generation of zero exhaust emissions products, leading French contractor Eiffage has taken delivery of an all-electric Volvo FE Electric truck and a Volvo ECR25 Electric compact excavator – becoming the first recipient of the products in France. The 17th December saw the first delivery of a Volvo Construction Equipment (Volvo CE) machine […]
Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture
Joint venture for large-scale production of fuel-cells: Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as […]