Volvo
Swedish multinational manufacturing company
Follow Volvo on Notably News to receive short updates to your email — rarely!
2024 | Launch of the BZR flexible electric chassis. |
November 2023 | Volvo acquired Proterra's battery business for US$210 million. |
December 2022 | Volvo, Daimler Truck, and Traton established a joint venture called Commercial Vehicle Charging Europe (trading as Milence) to build an electric vehicle charging network for heavy vehicles in Europe. |
2021 | Introduction of the BZL low-floor single/double-decker chassis. |
2021 | Volvo Group reported that 62% of its revenue came from trucks and related services, with construction equipment accounting for 25% of total revenue. |
April 2021 | UD Trucks sale to Isuzu was completed. |
April 2021 | Volvo signed a partnership with steel manufacturer SSAB to develop fossil fuel-free steel for future vehicle use. |
April 2020 | Volvo and Daimler announced plans for Volvo to acquire half of Daimler's fuel cell business, forming a joint venture. |
December 2019 | Volvo and Isuzu announced intention to form a strategic alliance on commercial vehicles, with Volvo planning to sell UD Trucks to Isuzu. |
March 2019 | WirelessCar sale to Volkswagen was completed. |
December 2018 | Volvo announced intention to sell a 75.1% controlling stake of its car telematics subsidiary WirelessCar to Volkswagen. |
December 2013 | Volvo sold its Volvo Construction Equipment Rents division to Platinum Equity. |
December 2012 | Renault sold their remaining shares in Volvo, leaving Swedish industrial investment group Industrivärden as the largest shareholder. |
October 2010 | Renault sold 14.9% of their stake in AB Volvo for €3.02 billion. |
This contents of the box above is based on material from the Wikipedia articles Volvo Buses & Volvo, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.