Volvo AB

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Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

Sweden's Volvo Cars on Wednesday laid out an extensive road map to becoming a fully electric car maker by 2030, including plans to sell 600,000 battery electric vehicles at mid-decade and build a European battery gigafactory in 2026.

Volvo Cars EV road map includes better batteries, longer range

Future electric vehicles from Geely's Volvo Cars will come bundled with insurance, CEO Hakan Samuelsson said during a global technical briefing on Wednesday.

Future Volvo electric cars will be safer, come with insurance - CEO

GÖTEBORG, Sweden, June 29, 2021 /PRNewswire/ -- AB Volvo held an Extraordinary General Meeting on June 29, 2021. The Meeting resolved, in accordance with the Board of Director's proposal, that an extra distribution of SEK 9.50 per share should be paid to the shareholders.

Press release from Extraordinary General Meeting in AB Volvo

MANCHESTER, United Kingdom--(BUSINESS WIRE)--BluJay Solutions announces that Swedish carmaker Volvo has renewed and expanded its partnership with BluJay to support business growth.

Volvo Renews and Expands TMS Partnership with BluJay

The firm's US factory just opened three years ago, but it's already set to pivot to EVs.

Volvo's South Carolina factory will exclusively build electric cars

Luminar Technologies

LAZR stock flies higher today on news that Volvo will be including Luminar's LiDAR technology in their next-gen electric vehicle. We expect many more deals like this one to be announced in the coming years.

Luminar Stock Rides Bullish LiDAR Wave With Volvo, But There's More to Come

Luminar Technologies (LAZR) stock is on the rise Thursday following news that it will become standard in the next EV from Volvo. The post LAZR Stock: The Volvo News That Has Luminar Technologies Investors Smiling Today appeared first on InvestorPlace.

LAZR Stock: The Volvo News That Has Luminar Technologies Investors Smiling Today

Volvo Cars plans to make lidar sensors standard equipment in a new generation of its XC90 SUV next year as part of a strategy to deploy more advanced safety and automated driving technology that relies on precise images of the world around the vehicle.

Volvo's electric XC90 SUV to include lidar as standard equipment next year

Volvo Cars and Luminar Technologies are beefing up their partnership. The two companies said Thursday that Luminar's autonomous driving stack – a combination of hardware and software that includes lidar sensors and a proprietary perception system – will be standard on Volvo's forthcoming flagship electric SUV.

Volvo's flagship electric SUV will come with Luminar's lidar and software as standard

Volvo and is integrating start-up Luminar Technologies Iris lidar system as standard equipiment on the automaker's upcoming electric flagship SUV.

Volvo making Luminar's lidar technology standard on new EV

PALO ALTO, Calif.--(BUSINESS WIRE)--Today, Luminar Technologies, Inc. (Nasdaq: LAZR) announced it will be standard on Volvo Cars' forthcoming fully electric flagship vehicle, helping the automaker to save even more lives as it sets a new benchmark for automotive safety. The fully electric successor to Volvo Cars' XC90, to be unveiled in 2022, is now set to come with state-of-the-art lidar hardware with Luminar's Iris and perception from its Sentinel solution, in addition to an autonomous drivin

Luminar to be Standardized on Next Generation Electric Volvo

The next-generation electric Volvo XC90 that debuts in 2022 will get automated driving hardware including Luminar lidar and Nvidia Orin processor as standard equipment

Next-Gen Electric Volvo Flagship To Feature Luminar Lidar As Standard Equipment

A United Auto Workers strike at Volvo Trucks North America entered its third week Monday with the impact spreading to a Maryland engine plant that serves both Volvo and sibling Mack Trucks. “The strike has affected Hagerstown, which has reduced the number of shifts for some operations, last week and this week,” Volvo Group spokesman John Mies told FreightWaves.

Impact of UAW strike at Volvo spreads to Maryland engine plant

Volvo Car Group, owned by China's Geely Holding, on Monday announced https://www.media.volvocars.com/global/en-gb/media/pressreleases/283261/volvo-car-group-and-northvolt-to-join-forces-in-battery-development-and-production plans for a joint venture with Swedish battery maker Northvolt to develop sustainable batteries for its electric cars and set up a gigafactory.

Volvo Car partners with Northvolt to make batteries, start gigafactory

German automotive supplier Robert Bosch will make and sell air compressors to Cellentric, the fuel cell joint venture of Germany's Daimler Truck AG and Sweden's Volvo Group AB. Trucks and stationary fuel cells for data centers and other high-power installations are several years away.

Bosch will supply key components to Daimler-Volvo fuel cell joint venture

Geely Automobile Holdings Ltd

Geely Automobile Holdings Ltd's (OTC: GELYF) (OTC: GELYY) Volvo Cars will stop production at its Belgian plant in Ghent next week due to the global semiconductor chip crisis, Reuters reports. The chip shortage has hit automakers globally as the carmakers compete with the consumer electronics industry for supplies.

Geely's Volvo Cars To Halt Belgian Production For One Week Due To Semiconductor Chip Crisis: Reuters

Volvo Cars, owned by China's Geely Holding, will halt production at its Belgian plant in Ghent over next week, it said on Thursday, citing a global shortage of semiconductor chips.

Chip shortage prompts Volvo Cars to halt Belgian output for a week

Polestar, the premium electric vehicle maker owned by China's Geely and Volvo Cars, will build its Polestar 3 electric SUV at Volvo's U.S. plant in South Carolina starting in the second half of 2022, the brand's chief executive said.

Polestar to make electric SUV at U.S. Volvo plant, starting in 2022

Swedish carmaker Volvo plans to produce a new premium SUV for its electric Polestar brand at a plant in Charleston, South Carolina.

Volvo to produce new Polestar 3 electric SUV in South Carolina

Volvo Cars wants to be climate-neutral by 2040, and it has set its sights on a major vehicle component that's notoriously difficult to decarbonize: steel. The automaker has partnered with Swedish company SSAB, which manufactures “fossil-free” steel, for a limited amount of the material to be used in a concept car as early as 2025.

Volvo Cars wants to make a concept car using “fossil-free” steel

Swedish steelmaker SSAB said on Wednesday it had agreed with Volvo Cars to jointly explore the development offossil-free steel for use in the automotive industry.

Volvo Cars to test fossil-free steel from SSAB's HYBRIT venture

Swedish carmaker joins forces with steel firm to use technology that replaces coal with hydrogen

Volvo to build steel cars without fossil fuels by 2026

Volkswagen AG

Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle lineups in Europe and the EU needs to set tougher CO2 emission limits if it wants to meet Green Deal targets, according to a climate group's study.

Only Volkswagen, Volvo doing enough to electrify in Europe - study

GOTHENBURG, Sweden, June 8, 2021 /PRNewswire/ -- Volvo Group's climate targets are in line with what the latest climate science deems necessary to keep global warming at a maximum 1.5⁰ C. Volvo Group's pathway to reach the goals of the Paris Climate Agreement has now been validated by the Science Based Targets initiative (SBTi).

SBTi-approval of Volvo Group's industry-leading climate targets

GOTHENBURG, Sweden, June 3, 2021 /PRNewswire/ -- Due to the extraordinary situation as a result of the COVID-19 pandemic and to reduce the risk of spreading the virus and having regard to the authorities' regulations and advice on restrictions of public gatherings, AB Volvo's Extraordinary General Meeting is carried out only through advance voting (postal voting) pursuant to temporary legislation. No meeting with the possibility to attend in person or to be represented by a proxy will take place.

News for Volvo AB Stock (VLVLY)