Tag: Volvo

Sep 27, 2021 - 12:38 pm

Polestar closing in on SPAC merger for IPO

Polestar is apparently close to completing the proposed SPAC merger with investment firm Gores Guggenheim that was first leaked in July. The official announcement could be made in the course of today, Monday.

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Sep 10, 2021 - 01:55 pm

Nobina orders 122 electric buses from Volvo

Volvo Buses has received three orders from operator Nobina for a total of 122 electric buses for use in the Swedish cities of Gothenburg, Malmö and Hässleholm. The Volvo 7900 Electric and 7900 Electric Articulated are scheduled for delivery in 2022 and 2023.

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Bosch Amps Up

Sep 10, 2021 - 12:30 pm

Volvo extends electric range of their PHEV lineup

Volvo has upgraded the plug-in hybrid powertrains of the large SPA platform. In the Recharge models of the 60 and 90 series, not only is the electric range expected to increase to up to 90 kilometres, but the system performance has also been increased somewhat.

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Aug 25, 2021 - 04:01 pm

Volkswagen tops CAM innovation rankings

Volkswagen is the most innovative car company in 2021 – ahead of Daimler and Tesla. This is the result of a new study by the German Center of Automotive Management (CAM), which regularly publishes rankings of the most innovative corporations and premium brands.

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Jul 26, 2021 - 02:50 pm

Polestar to expand globally this year

Electric car brand Polestar will enter nine new markets later this year, doubling its presence to 18 markets worldwide. By the end of the year, the number of brick and mortar locations worldwide is also expected to double to around 100.

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Jul 20, 2021 - 12:25 pm

Volvo C40 Recharge to launch in the US this year

Volvo Cars has opened the order books online for the C40 Recharge at an MSRP of $58,750 in the United States before tax credits. Vehicle production will begin in Ghent, Belgium, this autumn, with the first US deliveries being set for Q4 2021.

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Jul 12, 2021 - 11:29 am

Volvo increases stake in Polestar

Volvo Cars announced the acquisition of additional shares in electric car brand Polestar, bringing the car company’s stake back up to 49.5 per cent. Meanwhile, a media report says that Polestar is currently negotiating an IPO.

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Jul 8, 2021 - 11:59 am

Volvo & Geely found powertrain joint venture

Volvo Cars and its parent company Geely have formed a joint venture called Aurobay. The new company is to develop combustion engines, transmissions and hybrid drives. The Swedish company wants to be able to concentrate on developing premium electric cars itself.

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Jul 1, 2021 - 02:31 pm

Volvo presents EV Concept Recharge

In the course of presenting its battery and tech strategy, Volvo has also given a preview of the design language of the next generation of fully electric Volvo cars with the Concept Recharge. According to Volvo, the designers have defined the new proportions that reflect the departure from combustion engines.

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Jun 29, 2021 - 01:34 pm

Volvo’s Ridgeville plant to go fully electric

The Swedish car manufacturer Volvo Cars will convert its Ridgeville plant in the US state of South Carolina into an all-electric car production facility. The company says that here, the fully electric cars “of the new generation will be built” before Europe and China.

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Jun 18, 2021 - 09:32 pm

New details on the scope of Geely SEA e-platform

Details on the scope of Geely’s SEA (Sustainable Experience Architecture) electric platform have come to light. According to a media report, there will be five versions of the electric platform for all relevant vehicle classes, and these will always have two battery options.

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Jun 16, 2021 - 03:20 pm

Polestar 3 to be manufactured in the USA

Swedish electric car brand Polestar announces that its first SUV model, called Polestar 3, will be produced locally for customers in the US, at Volvo Cars’ Ridgeville manufacturing centre. Production of the Polestar 3 is expected to begin globally in 2022.

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Jun 3, 2021 - 11:30 am

IPCEI to fund 12 European hydrogen mobility projects

The German Federal Ministry of Economic Affairs and Technology (BMWI) and the German Federal Ministry of Transport and Infrastructure (BMVI) have selected 62 major projects to receive government funding as part of a joint European hydrogen project (Hydrogen IPCEI). The BMVI is funding twelve projects in the mobility sector.

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Jun 2, 2021 - 10:54 am

Volvo is launching the C40 Recharge in the Netherlands, Norway

Volvo has opened the order books for the C40 Recharge in the first European countries. The second electric model in the Swedish companies’ current range is available to order now in the Netherlands and Norway and from 3 June in Sweden and the UK. Other markets will follow in the coming weeks.

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May 19, 2021 - 01:39 pm

Volvo CE opens fuel cell test lab in Sweden

Volvo Construction Equipment (Volvo CE) has opened the Volvo Group’s first dedicated fuel cell test lab at its technical centre in Eskilstuna, Sweden. The aim is to develop hydrogen solutions for heavy construction equipment and other applications.

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May 11, 2021 - 04:54 pm

Polestar to track CO2 throughout supply chain

Polestar has entered into a strategic partnership with blockchain provider Circulor. One element of the partnership is the tracking of CO2 equivalents through the supply chain. This is intended to help achieve Polestar’s goal of building a carbon-neutral car by 2030.

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Apr 26, 2021 - 12:01 pm

Volvo takes over majority of Designwerk

The Volvo Group has announced that it will acquire 60 per cent of the shares in Designwerk Technologies AG. The Swiss company offers electric vehicles under the Futuricum brand and also develops modular high-performance batteries and mobile charging technology for electric vehicles.

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Apr 21, 2021 - 01:46 pm

Volvo to leverage recycling to cut costs

Volvo Cars plan to develop recycling loops in a global initiative to reduce CO2 emissions and expenses. This involves recycling the high-voltage batteries from plug-in hybrids and electric cars, among other things.

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Apr 15, 2021 - 10:27 pm

Polestar raises 550 million US dollars

Polestar has raised US$550 million from a group of long-term financial investors. With this private placement of newly issued shares, the company says “for the first time, external financiers demonstrated their confidence in Volvo’s electric car brand”.

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Apr 13, 2021 - 11:58 am

Polestar adds front-wheel-drive and new battery variants

Polestar is expanding the range for its purely electric hatchback Polestar 2. Three drive trains are now available. In addition to the already available dual-motor drive with 300 kW output and a 78 kWh battery, there are now also two variants with front-wheel-drive.

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Mar 28, 2021 - 05:12 pm

Frito-Lay lowers emissions with new fleet in California

Frito-Lay a snack food division of PepsiCo. has announced that by the end of 2021, it will replace all existing diesel-powered vehicles at its Modesto manufacturing plant in California, with zero-emission (ZE) or “near-zero-emission” (NZE) vehicles.

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Mar 8, 2021 - 01:28 pm

Sweden: Emobility testbed SEEL to become even bigger

The ‘Swedish Electric Transport Laboratory’ or SEEL for short, designed to make the country a hotbed for e-mobility, will grow larger than planned. The partners, which include Volvo and Scania as well as Chalmers University of Technology and RISE, now designated three sites.

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Found on electrive.com
https://www.electrive.com/2021/09/27/polestar-closing-in-on-spac-merger-for-ipo/
27.09.2021 12:17