The Volvo Group and Isuzu Motors today signed a non-binding Memorandum of Understanding with the intent to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing transformation of the industry.

Volvo Buses is now giving a second life to batteries from electric buses. In a unique cooperation with Stena Property and Stena Recycling’s subsidiary BatteryLoop, bus batteries are used for energy storage and as an energy source in Gothenburg’s Fyrklövern residential complex. The project is a step towards circular economy in electromobility creating new commercial possibilities for companies.

Volvo Group Venture Capital AB has invested in Autotech Ventures - a leading American venture capital fund focusing on start-ups in the ground transportation sector.

Volvo Trucks announces the start of sales of its Volvo FL and Volvo FE electric trucks in selected markets within Europe, meeting the increasing demand for sustainable transport solutions in city environments.