Volvo Group’s Post

Big news!

“The Volvo Group delivered good profitability during Q2 even though demand in many markets continued to normalize compared with the high levels of 2023”, says Martin Lundstedt, President and CEO, Volvo Group. #VolvoGroupReport

During Q2 2024, the Volvo Group delivered good profitability as demand in many markets continued to normalize compared with the high levels of 2023.  #VolvoGroupReport Read more: https://lnkd.in/eH6ykebA

Europe has adopted the most ambitious 2030 targets for CO2 reductions in the world.

World of Volvo is open all summer. A meeting place for a better future - and with an exhibition filled with a spectacular mix of digital and physical experiences from both our innovative history and our way forward. If you visit Gothenburg, be sure to visit! More information here: https://lnkd.in/dq_r-xwu

Our products are made to be used. Drivers and operators know that we care. The I-Shift automated transmission was a milestone in reducing vibrations and strain from driving. Find out more: https://lnkd.in/drwrhPWG

With close to 25 years of leadership in the field of design, Pernilla Johansson’s background includes time with Electrolux and Phillips Design and her current role as Vice President and Head of UX Design at Volvo Group Digital & IT. If her career journey has taught her anything, it’s that there are three rules to success. Watch the full video here: https://lnkd.in/dqhaQ9Vb

After years of dedicated work, we’re excited to share a milestone: the first refurbished battery from our Skövde plant. As the demand for Battery Electric Vehicles (BEVs) grows, reusing battery resources is crucial. Our refurbished Cube batteries, backed by a two-year warranty, offer a sustainable solution for BEV customers. They ensure continued performance, reduced costs, and significant reduction of CO2 emissions compared with using a new battery. 

Celebration time! Our joint venture together with Westport Fuel Systems for the HPDI technology in internal combustion engines is officially up and running! We celebrated this special occasion in Vancouver, Canada, with invited customers, key stakeholders, and executives from both companies. This was also an opportunity to see a Volvo FH internal combustion engine pilot truck in action by a hydrogen refueling station. The HPDI fuel system technology is already available in Volvo’s gas-powered trucks and offers a great transition alternative for customer fleets to reduce their climate impact today. “With this joint venture, we want to speed up the commercialization and global adoption of the HPDI technology for OEM’s long-haul and off-road applications. I believe HPDI-powered internal combustion engines, running on hydrogen and renewable fuels, play a crucial role in global decarbonization efforts in commercial transportation,” says our CTO Lars Stenqvist.