SEOUL, Jan. 7 (Korea Bizwire) — Volvo Cars Korea said Tuesday it aims to sell 12,000 vehicles this year on higher demand for its SUVs. The 2020 sales target is 14 percent higher than the carmaker’s sales of 10,570 vehicles last year, according to data from the Korea Automobile Importers and Distributors Association (KAIDA). Volvo’s [...]
SEOUL, Jul. 18 (Korea Bizwire) — Samsung SDI Co, a major electric vehicle battery maker, will join hands with Volvo Group to develop battery packs for electric trucks, the company said Thursday. In a strategic alliance with Sweden-based Volvo Group, one of the world’s largest manufacturers of commercial vehicles, Samsung SDI will provide battery cells [...]
SEOUL, May 15 (Korea Bizwire) — LG Chem Ltd., South Korea’s top chemicals company, said Wednesday that it has been tapped as a supplier of electric vehicle (EV) batteries to Swedish carmaker Volvo Car Group. LG Chem said it has signed a multi-year contract to supply lithium-ion batteries for Volvo’s next generation EV projects. The [...]
SEOUL, Sept. 28 (Korea Bizwire) – Swedish carmaker Volvo’s first South Korean designer Lee Jung-hyun says there are similarities between Koreans’ appreciation of empty space and the beauty of Scandinavian designs, which he reflected in the design of the new XC60. Lee, 38, is the first Korean designer at Volvo, as well as the senior designer [...]
GÖTEBORG, Sweden, May 17 (Korea Bizwire) –In the latest research and development in self-driving vehicles, Volvo Group, together with Swedish waste and recycling specialists Renova, is testing a pioneering autonomous refuse truck that has the potential to be used across the urban environment. The project explores how automation can contribute to enhanced traffic safety, improved working conditions and [...]
Göteborg, Sweden, July 8, 2014 (Korea Bizwire)–Volvo Car’s all-new XC90 will offer an unrivalled combination of power and clean operation when it is launched later this year. The all-wheel drive, seven seater offers drivers up to 400 horsepower but with carbon dioxide (CO2) emissions of around 60 g/km (NEDC driving cycle). There has never been [...]