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In September 2011 the Swedish government approved a 200 million kr program, effective starting in January 2012, to provide a subsidy of 40,000 kr per car for the purchase of 5,000 electric cars and other "super green cars" with ultra-low carbon emissions, defined as those with emissions below 50 grams of carbon dioxide (CO 2) per km. [15] There ...
Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and ...
The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial ...
Former parent AB Volvo agreed to help Volvo cut costs through partnerships, and suggested taking part in a shared ownership of Volvo Cars, as part of a larger consortium. Other rumored candidates to purchase Volvo Cars included BMW AG of Germany, Investor AB of Sweden, Chinese investors, and Russian investors.
The program is aimed to promote the sale of 400,000 electric vehicles. The cost of the purchase incentive is shared equally between the government and automakers. Electric car buyers get a €4000 (US$4,520) discount while buyers of plug-in hybrid vehicles get a discount of €3000 (US$3,390).
And now, in the heart of downtown Gothenburg, Sweden, there are three giant tree trunks—the arms and legs of Volvo's new museum, exhibit, delivery program, meeting place, and eatery—World of ...
The Volvo Deal was a plan for industrial cooperation between Norway and Sweden whereby Norway would get 40% of the shares of the Volvo car manufacturing concern, while Volvo would get control over oil resources on the Norwegian continental shelf. [1]
Sweden: 1974–1994: Third Volvo Car plant in Sweden: Manufacturing: Worldwide Debut model: Volvo 164: Shut down (1994) Born Plant Netherlands Car (NedCar) XLB YV1: F: Born, Netherlands: 1975–2004: Purchased from DAF (1975) Manufacturing: Worldwide Debut model: Volvo 66: Sold to Mitsubishi Motors (2001) Samut Prakan Plant Thai-Swedish ...