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Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Volvo

🌎 volvo.com

Volvo is a global company known for its commitment to quality, safety, and environmental care. It offers a wide range of transport and infrastructure solutions, including trucks, buses, construction equipment, and marine power solutions, while also focusing on innovations for the future.

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Volvo - Latest News and Updates

• Volvo Trucks South Africa delivered two battery electric FH 6x4 truck tractors to Vector Logistics, marking their first fully electric trucks for local deliveries in Gauteng and Cape Town.
• Volvo Defense signed a contract with Sweden's FMV to deliver 300 FMX trucks with an option for 200 more, as part of a 1.4 billion SEK deal announced on February 27, 2025.
• Försvarets materielverk ordered 775 trucks with options for 575 more from Volvo and Scania.
• Volvo introduced a straight boom for its EC18 Electric mini excavator, enhancing its indoor demolition capabilities with a 10% higher pin height.
• Volvo Group is focusing on empowering young professionals through projects in electric and autonomous vehicles.

• Volvo Penta reported a 4% decline in net sales for 2024, with deliveries down 20% to 35,651 units.
• Volvo's net sales decreased by 3% to SEK 526.8 billion, with vehicle sales down 5% and service sales up 4%, according to CEO Martin Lundstedt.

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