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Volvo Group: Building the Case for Electric Buses
VolvoClient case — Group: Building the case for electric buses About the Transforming to a low-carbon economy brings disruptive changes to Volvo Group many industry sectors. Industry leaders must not only deal with The Volvo Group disruption effectively, but also identify the upside of risks and act on is one of the those opportunities. world’s leading manufacturers In the transport sector, Volvo Group of Sweden, supported by of trucks buses, KPMG in Sweden, has carried out pioneering work on the case for construction low-carbon electric buses by building environmental and social impacts equipment into the total cost of ownership. We asked Niklas Gustafsson, Volvo and marine Group’s Chief Sustainability Officer, how this analysis has helped to and industrial reinforce Volvo Group’s position as a leader in sustainable engines. transport solutions. The Group also provides complete There is a shift to cleaner, quieter reach an estimated annual sales volume solutions for and more efficient cities approaching 35,000 units by 2020.1 Volvo Group is already embarking on a mission to financing and Momentum is building worldwide behind a address this demand. service. The technological shift towards low-carbon city transport including fully electric bus systems. group, with its True cost of ownership goes headquarters The C40 Cities Climate Leadership Group is committed to accelerate the implementation of beyond direct financial costs in Gothenburg, ultra-low emission bus technologies and 23 of Municipalities and transport authorities must Sweden, its members have signed the Clean Bus base their investment decisions on the best employs about Declaration calling on the finance and transport available data which traditionally focuses solely 100,000 people, sectors to support them through technology on direct financial costs. -
V60/S60 Polestar S60/V60 POLESTAR WE ARE POLESTAR Read More at Nextpolestar.Com Or Volvocars.Com/Us 03
v60/s60 polestar S60/V60 POLESTAR WE ARE POLESTAR Read more at nextpolestar.com or volvocars.com/us 03 WE ARE POLESTAR WE ARE POLESTAR WHEN DRIVING MATTERS ALL ROADS & CONDITIONS MEET THE POLESTAR VOLVO PAGE 03 PAGE 04 PAGE 06 PAGE 08 LEARNINGS FROM THE INTELLISAFE SENSUS SUSTAINABLE DRIVING TRACK PAGE 12 PAGE 13 PAGE 14 PAGE 11 “...the goal is always the same: To deliver best possible results. No matter what.” Polestar is defined by an ambition to be among EXTERIOR COLORS WHEELS & TIRES INTERIOR the top contenders in world motorsport and to PAGE 17 PAGE18 PAGE 19 PAGE 21 bring forward the strength and agility inherent in Volvo cars. Whether it’s winning championships, or developing performance cars, the goal is always the same: To deliver best possible results. 37,6 39,3 No matter what. 68,9 38,5 FIND OUT MORE AT 58,4 58,4 NEXTPOLESTAR.COM OR VOLVOCARS.COM/US FACTS & FIGURES41,9 33,5 62,5 37,1 PAGE 23 109,3 36,1 73,4 182,5 82,6 37,4 39,3 68,9 38,0 58,4 58,4 41,9 33,5 62,5 37,1 109,3 36,1 73,4 182,5 82,6 S60/V60 POLESTAR WHEN DRIVING MATTERS Read more at nextpolestar.com or volvocars.com/us 04 WHEN DRIVING MATTERS “All Polestar products are developed for people like ourselves – for those who appreciate driving with full control.” Polestar is about motorsport, and motorsport Regardless of surface or purpose, optimal is about driving. That’s why we focus on one driveability is what makes a driver feel safe thing only: optimizing driveability. -
Green Financing Framework
VOLVO CARS GREEN FINANCING FRAMEWORK SEPTEMBER 2020 1 INTRODUCTION Volvo Cars Volvo Car AB and its consolidated subsidiaries (“Volvo Cars”) is a truly global organisation with Scandinavian roots. Founded in 1927, it is today, one of the most well-known and respected premium car brands in the world with sales of over 700,000 cars in 2019 in about 100 countries. Volvo Cars has been under the direct ownership of Geely Sweden Holdings AB and ultimately by Zheijang Geely Holding Group Co ltd since 2010. In 2019, Volvo Cars employed on average approximately 41,500 full-time employees. Volvo Cars’ Head Office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden). Our group comprises of Volvo Cars including the car sub- scription and mobility businesses Care by Volvo and M. Our non-consolidated, independent joint venture companies Polestar and Lynk & Co are important strategic affiliates, ena- bling us to deliver on our strategy. Through collaboration between the different brands, greater competitiveness and/or synergies are created within the areas of electrification, mass market sales and ADAS/AD software technology. 2 SUSTAINABILITY Central to our business and key to our future success As a human-centric mobility provider company, we are a brand We commit to the highest standard of sustainability in mobil- for people who care about other people and the world in which ity. -
2018 GENEVA-MOTORSHOW.Pdf
/GENEVA MOTOR SHOW 2018 Geneva is the best show to get an overview of the future of the European and broader auto industry as there are always significant launches of new vehicles and concepts of the future. One thing that is clear is that the industry is facing dramatic change. The car world has been shaped by petrol heads, and the idea that the future of the automobile will be dominated by electric, autonomous and shared vehicles is an unavoidable reality that is not that easy to take. Some car makers are embracing the change, some are fighting against it, and some seem to be in a a state of paralysis. The show had a multitude of Visions, Vizzions, Mission e’s and i’s. A vast array of supercars, AMG’s, M’s and SV’s And a variety of classics from the past, showing a certain nostalgia of this fast changing world. The industry for the last 100 years has been perfecting “the ultimate driving machine”, faster, bigger, sexier and more expensive. The industry has optimised the design process with masterful surfacing, fit and finish, the finest engineering, and the glossiest of marketing. It now has to reinvent itself, as the architecture, driving emotion and customer needs change. I have picked out some of the themes and highlights from this years show. /AROUND THE SHOW /THEMES /EV and HYBRID PERFORMANCE Some of the stand out cars of the show, introducing a new crisp/clean design language, where white signified electric. Jaguar i Pace 6 Mission E Cross Touring / Volvo XC40 / Polestar / Lexus UX /SUPERCARS As a clear evidence of the gowth of the ultra high net worth market, there is a growing offering of low series and bespoke manufacture of super cars. -
Freedom to Move in a Personal, Sustainable and Safe Way
VOLVO CAR GROUP ANNUAL REPORT 2020 Freedom to move in a personal, sustainable and safe way TABLE OF CONTENTS OVERVIEW 4 2020 Highlights 6 CEO Comment 8 Our Strenghts 10 The Volvo Car Group 12 Our Strategic Affiliates THE WORLD AROUND US 16 Consumer Trends 18 Technology Shift OUR STRATEGIC FRAMEWORK 22 Our Purpose 24 Strategic Framework HOW WE CREATE VALUE 28 Our Stakeholders 30 Our People and Culture 32 Product Creation 38 Industrial Operations 42 Commercial Operations MANAGEMENT REPORT 47 Board of Directors Report 52 Enterprise Risk Management 55 Corporate Governance Report FINANCIAL STATEMENTS 60 Contents Financial Report 61 Consolidated Financial Statements 67 Notes to the Consolidated Financial Statements 110 Parent Company Financial Statements 112 Notes to the Parent Company Financial Statements 118 Auditor’s Report 120 Board of Directors 122 Executive Management Team Freedom to move SUSTAINABILITY INFORMATION 124 Sustainability Management and Governance 129 Performance 2020 PERSONAL SUSTAINABLE SAFE 139 Sustainability Scorecard 144 GRI Index Cars used to be the symbol for personal freedom. Owning a car meant that you had the We commit to developing We commit to the highest We commit to pioneering 146 TCFD Index means to be independently mobile – that you owned not just a vehicle, but choice as and building the most per- standard of sustainability the safest, most intelligent 147 Auditor's Limited Assurance Report on sonal solutions in mobility: in mobility to protect technology solutions in Sustainability well. Nothing of that has changed, but the world we live in has. The earth, our cities and to make life less compli- the world we share. -
Technical Specifications
TECHNICAL SPECIFICATIONS POLESTAR S60 V60 ENGINE / PERFORMANCE Engine Drive-E 2.0 I4 supercharged and Drive-E 2.0 I4 supercharged and turbocharged Petrol turbocharged Petrol Drive All Wheel Drive All Wheel Drive Displacement 1969cc 1969cc Power 270kW @ 6000rpm 270kW @ 6000rpm Torque 470Nm @ 3100-5100rpm 470Nm @ 3100-5100rpm Acceleration 0-100km/h (sec) 4.7 4.8 Top speed limited (km/h) 250 250 Fuel economy (combined) (L/100km) 7.8 8.1 CO2 (g/km) 181 188 TRANSMISSION Automatic 8-Speed Adaptive Geartonic with Neutral Control and Sport+ mode STEERING System Polestar unique Electrical Power Assisted Steering (EPAS) Turns to lock 2.58 Turning circle (metres) 11.9 CHASSIS MacPherson Strut, Polestar Coil Springs, Öhlins Shock Absorbers, Stabilizer Bar Chassis E, Polestar • • BRAKE Front Polestar/Brembo 6 Piston Brake Calipers, Ventilated and Floating Brembo Discs Rear Rear Ventilated Discs WEIGHT Tare Weight (kg) 1686 1730 FUEL TANK Capacity (litres) 67.5 67.5 POLESTAR S60 V60 MODEL / ENGINE AVAILABILITY AUDIO AND COMMUNICATION Sensus Connect Premium Sound by Harman Kardon: AM/FM radio, 1-CD/DVD, MP3, 12 speakers, • • Dirac Live® sound enhancement system, 7” colour screen with Connected Service Booking AUX, USB and iPod connectivity • • Bluetooth® phone connectivity, including audio streaming • • Audio controls in steering wheel • • Navigation with voice control • • Digital Radio (DAB) $300 $300 SUPPORT SYSTEMS AND EQUIPMENT Front and rear parking sensors • • Adjustable speed limiter and trip computer • • Rain sensor with Tunnel Detection • • -
Technical, Organisational and Social Aspects of Language Integration for Complex Systems
Putting the Pieces Together { Technical, Organisational and Social Aspects of Language Integration for Complex Systems H˚akan Burden Computer Science and Engineering Chalmers University of Technology and University of Gothenburg Gothenburg, Sweden [email protected] Abstract. Dealing with heterogenuous systems is often described as a technical challenge in scientific publications. We analysed data from 25 interviews from a study of Model-Driven Engineering at three companies and found that while the technical aspects are important, they do not encompass the full challenge { organizational and social factors also play an important role in managing heterogenuous systems. This is true not only for the development phase but also for enabling early validation of interdependent systems, where processes and attitudes have an impact on the outcome of the integration. Keywords: Empirical and Exploratory Case Study, Model-Driven Engineering 1 Introduction Complex systems, consisting of numerous and interdependent subsystems [15], require a plethora of languages for efficient implementation [7]. From the as- pect of Model-Driven Engineering (MDE), the challenges are often described in technical terms [4] since heterogenuous languages imply different abstraction levels, representations and aspects of software [8], but also since the languages have their own domain-specific and platform-dependent constraints [11]. The one-sided focus on technical aspects is surprising since Kent already in 2002 pointed out that if MDE is to be successful it needs to encompass also the or- ganisational and social aspects of software engineering [10], a claim that has since been reiterated [1, 9]. To explore to what extent language integration for comlex systems is a chal- lenge in terms of technical, organisational and social aspects we analysed data collected at three different companies, looking for evidence regarding the mo- tivations and challenges of heterogenuous development of embedded systems. -
& S6m Cross Country
& s60 Cross Country S60_MY18_5_V0.indd_0054P_S60_MY18_5_V0_ITit.indd 1 1 2017-10-31 13:3215:18 S60_MY18_5_V0.indd_0054P_S60_MY18_5_V0_ITit.indd 2 2 2017-10-31 13:3215:18 Innovation for people Made by Sweden. In Volvo Cars innoviamo continuamente per rendere migliore la tua vita. Ogni automobile, ogni tecnologia ed ogni progetto è il risultato di una visione chiara – mettere le persone al centro di tutto ciò che facciamo. Questa visione, che ci ha guidato fin dall’inizio, prende ispirazione dalla Svezia, un Paese che valorizza le persone come individui e nel quale le convenzioni vengono messe alla prova. È una cultura con un ricco patrimonio di design e un modo unico di guardare il mondo. Questa visione ci ha ispirato nell’inventare soluzioni che hanno salvato molte vite e che hanno cambiato la storia automobilistica, come la cintura di sicurezza a tre punti di ancoraggio e gli airbag laterali. E con la nostra nuova generazione di modelli continuiamo lungo questa tradizione. Design scandinavo e moderno lusso svedese si combinano per arricchire la tua esperienza di guida. La tecnologia intuitiva di Sensus ti semplifica la vita e ti permette di restare in contatto con il mondo, mentre i nuovi propulsori Drive-E bilanciano potenza reattiva ed efficienza ai vertici della categoria. Le nostre innovazioni IntelliSafe ti supportano mentre guidi, rendono ogni viag- gio più confortevole, piacevole e ti aiutano a prevenire gli incidenti. Comprendiamo cosa è importante per la gente. Questa cono- scenza costituisce la base di tutte le innovazioni che creiamo. Innovazioni che migliorano la vita. In Volvo Cars progettiamo le auto intorno alle persone. -
2019 Annual and Sustainability Report
2019 Annual and Sustainability Report Contents Swedbank in brief 2 Income, balance sheet and notes, Group The year in brief 4 Income statement 54 CEO statement 6 Statement of comprehensive income 55 Goals and results 8 Balance sheet 56 Value creation 10 Statement of changes in equity 57 Business model 12 Statement of cash flow 58 Sustainability 14 Notes 59 The share and owners 24 Income, balance sheet and notes, Parent company Board of Directors’ report Income statement 154 Financial analysis 26 Statement of comprehensive income 154 Swedish Banking 30 Balance sheet 155 Baltic Banking 31 Statement of changes in equity 156 Large Corporates & Institutions 32 Statement of cash flow 157 Group Functions & Other 33 Notes 158 Corporate governance report 34 Alternative performance measures 192 Board of Directors 46 Group Executive Committee 50 Sustainability Disposition of earnings 52 Sustainability report 194 Materiality analysis 195 Sustainability management 197 Notes 199 GRI Standards Index 212 Signatures of the Board of Directors and the CEO 217 Auditors’ report 218 Sustainability report – assurance report 222 Annual General Meeting 223 Market shares 224 Five-year summary – Group 225 Three-year summary – Business segments 228 Definitions 231 Contacts 233 Financial information 2020 Annual General Meeting 2020 Q1 Interim report 23 April The Annual General Meeting will be held on Thursday, 26 March at 11 am (CET) at Cirkus, Djurgårdsslätten Q2 Interim report 17 July 43–45, Stockholm, Sweden. The proposed record day for the dividend is 30 March 2020. The last day for Q3 Interim report 20 October trading in Swedbank’s shares including the right to the dividend is 26 March 2020. -
Financial Reporting and the Swedish Annual Accounts Act
Freedom to move in a personal, sustainable and safe way. VOLVO CAR GROUP INTERIM REPORT FIRST SIX MONTHS 2021 VOLVO CAR GROUP First Six Months 2021 • Retail sales increased 41.0% to 380,757 (269,962) • In May the Board announced its intention to evaluate units resulting in a total of 773,000 sold cars for the the possibility of an Initial Public Offering (IPO) later last 12 months. this year. A final decision to list will be subject to • Recharge line-up grew significantly and accounted for market conditions and there can be no certainty that 25% (14%) of total sales. a listing will proceed. • Revenue increased 26.3% to MSEK 141,131 (111,759) • Volvo Cars announced that it will become fully electric driven by strong demand and positive mix effects. by 2030. • Operating income increased to MSEK 13,238 (–989), • Volvo Cars initiated the process of carving out all com- corresponding to an EBIT margin of 9.4% (–0.9%). bustion engine operations. A major step was taken in June when Volvo Cars distributed its shares in Power- • Net income was MSEK 9,627 (–1,171). Basic earnings train Engineering Sweden AB and in Volvo Car Services per share was SEK 163.63 (–35.99). 5 AB, to the majority owner. • Cash flow from operating and investing activities was • Fully electric Volvo C40 was launched, to be offered MSEK –6,899 (–12,803). online only. • Volvo Cars’ investment in Polestar increased its value as • In June, Volvo Car Group and Northvolt announced the a private placement triggered a valuation effect of MSEK intention to join forces in battery development and 2,039 for Volvo Cars. -
Creating the Technology to Connect the World
Nokia Annual Report on Form 20-F 2019 on Form Nokia Annual Report Creating the technology to connect the world Nokia Annual Report on Form 20-F 2019 As filed with the Securities and Exchange Commission on March 5, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 Commission file number 1-13202 Nokia Corporation (Exact name of Registrant as specified in its charter)) Republic of Finland (Jurisdiction of incorporation) Karaportti 3 FI-02610 Espoo, Finland (Address of principal executive offices) Esa Niinimäki, Deputy Chief Legal Officer, Corporate, Telephone: +358 (0) 10 44 88 000, Facsimile: +358 (0) 10 44 81 002, Karakaari 7, FI 02610 Espoo, Finland (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”): Title of each class Trading Symbol(s) Name of each exchange on which registered American Depositary Shares NOK New York Stock Exchange Shares New York Stock Exchange(1) (1) Not for trading, but only in connection with the registration of American Depositary Shares representing these shares, pursuant to the requirements of the Securities and Exchange Commission. Securities registered pursuant to Section 12(g) of the Exchange Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Exchange Act: None Indicate the number of outstanding shares of each of the registrant’s classes of capital or common stock as of the close of the period covered by the annual report. -
Xc40 T5 Awd R-Design Mpg Mpg
2021VOLVO Fuel Economy and Environment Gasoline Vehicle Fuel Economy Volvo Car USA LLC You spend www.volvocars.com/us Small SUV 4WD range from 16 to 120 XC40 T5 AWD R-DESIGN MPG MPG. The best vehicle rates 141 MPGe. PERFORMANCE AUTHORIZED RETAILER PRICING ...................................................................................................... ...................................................................................................... .................................................................................................................... $ 2,250 2.0L Turbo-Charged, Direct Injected Engine VOLVO CARS TAMPA 7230 IMPORTER'S SUGGESTED LIST PRICE P.O.E.: $ 40,950.00 22 30 248 HP @ 5500 RPM and 258 lb-ft Torque @ 1800 RPM 6008 N. DALE MABRY HWY 25Combined city/hwy city highway more in fuel costs 8-Speed Geartronic Automatic Trans w/ Start-Stop TAMPA, FL 33614 R-Design Features over 5 years All-Wheel-Drive with Instant Traction Laminated Panoramic Moonroof with Power Sunshade Front McPherson Strut & Rear Multi-Link Suspension compared to the Anti-Lock Braking Sys (ABS) w/ Hill Start Assist Nubuck & Nappa Leather Upholstery Advanced Electronic Stability Control (ESC) R-Design Front Grille, High-Gloss Black Mesh and 4.0 gallons per 100 miles average new vehicle. Electric Power Assisted Steering Lower Outer Grille 19" R-Design Alloy Wheels with All-Season Tires Glossy Black Integrated Roof Rails ......................................................................................................WARRANTY Sport