Swedish truck maker Scania is ramping up production of electric rigs now that previously delayed batteries from Northvolt AB have begun arriving in greater numbers at its factory in Sodertalje.
June 14, 2024Latest News Updates From Rafaela Lindeberg
Scania Ramps Up E-Truck Output
Volvo Recalls All EX30 Cars on Software Glitch
Volvo Car AB is recalling all of the almost 72,000 units it has made of its new flagship model 鈥 the fully electric EX30 鈥 due to a software issue.
June 10, 2024Volvo Car Just Made Its Last Diesel Vehicle
Volvo Car AB produced its last automobile with a diesel engine this week, ending an era for the manufacturer that plans to only make electric vehicles by 2030.
March 27, 2024Volvo Shares Fall After Outlining Truck Production Cuts
Volvo AB declined after saying it will gradually reduce production in line with normalizing demand after years of supply chain disruptions that left manufacturers with record order banks.
January 26, 2024Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor
Volvo AB鈥檚 second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck maker鈥檚 shares over the past months.
January 10, 2024Scania Will Offer Electric Trucks as Pay-Per-Use
Scania is combining with logistics firm sennder Technologies to deploy 100 e-trucks to carriers in Germany.
November 8, 2023Volvo Picks New Chairman Amid Spinoff Talk
Volvo Group, one of the world鈥檚 largest truck makers, has proposed that Par Boman be appointed its new chairman at the Swedish company鈥檚 annual general meeting in March.
September 22, 2023Geely: All Options Open on Volvo Stake After Daimler Sale
Volvo AB鈥檚 second-largest shareholder, Geely, said while it鈥檚 not currently planning any changes to its position, 鈥渁nything is possible鈥 in the future.
April 4, 2023Chinese Billionaire Sells $1.6 Billion Daimler Truck Stake
Chinese billionaire Li Shufu鈥檚 Zhejiang Geely Holding Group Co. has divested its 6.3% stake in truck maker Daimler Truck Holding AG, equivalent to roughly $1.6 billion.
March 16, 2023Coke鈥檚 Electric Renault Trucks Debut Before Tesla鈥檚 Pepsi Semis
Renault Trucks has helped Coca-Cola beat Pepsi and Tesla Inc. to the punch on electric deliveries. Coca-Cola will start using battery trucks from the Volvo AB-owned brand for local trips in Belgium on Nov. 24.
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