Volvo AB

Earnings data Q1 2021

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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.

GOTHENBURG, Sweden, MUNICH and STUTTGART, Germany, July 5, 2021 /PRNewswire/ -- The three leading commercial vehicle manufacturers Volvo Group, Daimler Truck and the TRATON GROUP have signed a non-binding agreement to install and operate a high-performance public charging network for battery electric heavy-duty long-haul trucks and coaches across Europe. The joint aim is to initiate and accelerate the build-up of charging infrastructure to enhance customer confidence and to support EU's transformation to climate-neutral transportation.

Volvo Group, Daimler Truck and the TRATON GROUP plan to pioneer a European high-performance charging network for heavy-duty trucks

Three major European truck manufacturers - Daimler Trucks, AB Volvo and Traton - said on Monday they plan to form a joint venture to develop an electric battery-charging network for long-haul trucks and buses.

Daimler, Volvo and Traton plan $600 million truck-charging JV

Tesla

Polestar is an electrical vehicle start-up that broke onto the scene in 2017 with grand ambitions to take on Tesla and become a coveted EV brand.

Inside Volvo-backed Polestar's plan to compete with Tesla in the U.S.

It's the Level 4 driver-assistance system that will stand out, enabling occupants to leave the car to drive itself, even in cities.

New Concept Car Recharges Volvo's EV Future Design And Engineering

Volvo Cars wants to completely electrify its lineup by 2030 and on Wednesday offered a glimpse into how it plans to get there and what its next generation of vehicles might look like. But it's not going to do it alone.

Volvo Cars sets the tone for its next-gen vehicles with ‘Concept Recharge' EV

The new, battery-powered Volvo Concept Recharge SUV can get over-the-air software updates, enabling entirely new features and capabilities after the sale, Volvo Cars executives said.

Volvo Cars Introduces An All-New Electric Vehicle SUV, A True “Computer On Wheels”

Whether it's design or the tech inside, it's been updated for the future.

Volvo Concept Recharge previews major changes for upcoming EVs

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.

News for Volvo AB Stock (VLVLY)