Tag Archives: Volvo

General Motors suspends delivery to Russian market

After Ford recently announced that it was suspending the export of vehicles to the Russian market, General Motors did the same. All caused by the sanctions that the West imposed on Russia, as well as the effort to show solidarity with the Ukrainian people.

“Our thoughts are now with the people of Ukraine. The loss of life is a tragedy and our primary concern is for the safety of the people of the region,” a GM spokesman told Carscoops.

Previously, GM sold its stake in AvtoVAZ, thus withdrawing from the Russian market when it comes to production. GM currently has a sales company that takes care of the placement of its cars from America and Korea on the Russian and surrounding markets.

Ford and General Motors are not the only companies that have decided on such a move. The same decision was made by Volvo, while the reaction of Daimler Truck, which has a stake in Kamaz, is still pending.

Volkswagen has decided to temporarily suspend the delivery of cars to the Russian market, but also to shut down some production lines. Renault did the same a few days ago.

Source: Carscoops

Volvo is building a new battery plant for 3.2 billion USD

At a time when car companies are struggling with supply shortages, Volvo has reached an agreement with Swedish battery developer and manufacturer Northvolt to build a new battery plant. With this agreement, Volvo has strengthened its plan to produce and sell only fully electric cars by 2030. The construction of a new plant in Gothenburg will create several thousand new jobs, and will cost 30 billion kroner (2.863 billion euros / 3.278 billion USD).

Gothenburg was chosen for its good infrastructural links with Volvo’s car factory and the R&D centers of both companies.

“Our battery cell partnership with Northvolt is key to our strategic ambitions in electrification. We are committed to becoming a leader in the premium electric car segment and selling only pure electric vehicles by 2030, ”said Håkan Samuelsson, Volvo Cars chief executive.

The plant will have an annual production capacity of 50 gigawatt hours which is enough for 500,000 cars. Northwolt co-founder and CEO Peter Carlsson said the goal of building the plant was “to become the world’s leading supplier of sustainable batteries.”

“Our new battery plant will support our ambition to have a fully climate neutral manufacturing network and secure a supply of high-quality batteries for years to come. Through our partnership with Northvolt we will also benefit greatly from an end-to-end battery value chain, from raw material to complete car, ensuring optimal integration in our cars, ”said Javier Varela, head of engineering and operations at Volvo Cars.

Construction of the plant will begin in 2023, which will begin operations in 2025.

Source: Volvo Cars

Volvo XC 60 with R-Design body kit

German tuner Heico Sportiv, which has been improving Volvo cars for 27 years, has prepared an R-Design body equipment package for the Volvo XC 60.

What sets this SUV apart from other models are the carbon parts, which customers will be able to choose in black or white, such as air vents in the front bumper, new front air deflector, front spoiler, rear skirt, carbon insert in the rear bumper. The car also got a new adaptive exhaust system with quadruple black finishes. There is a Heico badge on the front grille, as well as on the back. The price of R-Design body kit is a little over 6,500 EUR.

The Volvo XC 60 is powered by a 2.0-liter turbocharged four-cylinder engine with 316 hp (232 kW) and 295 lb-ft (400 Nm) of torque. The engine is paired with an 8-speed automatic transmission with manual shifting mode. Reaches 60 mph in 6.1 seconds with a top speed of 131 mph (211 km / h).

The presentation of the new 2022 Volvo XC60 is expected soon, and for the owners of the existing model Heico Sportiv offers an increase in engine performance, but also a high-performance sports brake system.

Source: Heico Sportiv