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Volvo CE Volvo Construction Equipment says it saw net sales increase by 13% in Q2 year over year, driven by higher volumes in North America, Europe and South America. Adjusting for for currency movements, net sales increase  by 21% year-over-year. Of course, Q2 year-over-year results for all companies will be in comparison to the height of the pandemic experienced during the same quarter last year. Volvo CE says all markets have enjoyed an uptick during the quarter year-over-year with the exception of China, which experienced a slight downturn after its Q1 surge. The company's North America...

Equipment Journal May 31, 2021 Toni Hagelberg, Head of Sustainable Power for Volvo CE, in the Fuel Cell Test Lab. Volvo CE has opened a new research and development facility dedicated to the creation of hydrogen fuel cells. The Fuel Cell Test Lab marks a significant advancement in the manufacturer’s ambition to be fossil-free by 2040.  As part of Volvo Group’s commitment to the Science-Based Targets initiative – a necessary measure to meet the goals of the Paris Agreement – and the company’s long-term ambition to be 100 per cent fossil-free by 2040, the F...

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. The Volvo Group is the commercial vehicle group with trucks, buses, construction machinery and marine division, not Volvo Cars, which belongs to Geely. However, Geely also holds a minority stake in the Volvo Group. According to the construction equipment division, the test lab offers Volvo Group the opp...

Volvo Opens Hydrogen Fuel Lab SHARE May 18, 2021 Toni Hagelberg, head of sustainable power at Volvo CE, in the new Fuel Cell Test Lab. The Volvo Group has opened a dedicated Fuel Cell Test Lab as part of its ambition to be fossil-free by 2040. The lab provides “unique conditions” to test and develop hydrogen fuel cell technology solutions in heavy construction machines and other applications, according to the company. “Fuel cell technology is a key enabler of sustainable solutions for heavier construction machines,” said...