Electric mobility partnership announced

Volvo Car Corporation and Siemens have announced that they intend to jointly advance the technical development of electric cars through extensive strategic cooperation. The focus is on the joint development of electrical drive technology, power electronics and charging technology as well as the integration of those systems into Volvo C30 electric vehicles.
June 25, 2012 Read time: 1 min
"The partnership reinforces our aim to pursue the fast-growing market for electric cars" - Stefan Jacoby
609 Volvo Car Corporation and 189 Siemens have announced that they intend to jointly advance the technical development of electric cars through extensive strategic cooperation. The focus is on the joint development of electrical drive technology, power electronics and charging technology as well as the integration of those systems into Volvo C30 electric vehicles.

The first electric cars of this model fitted with Siemens electric motors will be on the test tracks as early as the end of this year. Beginning in late 2012, the Swedish carmaker will deliver a test series of up to 200 vehicles to Siemens, which will then be tested and validated under real-life conditions as part of a Siemens internal test fleet.

“Our aim is to be first with the latest technology within electrification. The partnership reinforces our aim to pursue the fast-growing market for electric cars,” says Stefan Jacoby, President and CEO of Volvo Car Corporation.

For more information on companies in this article

Related Content

  • M&A in ITS: upward mobility
    February 17, 2021
    2021 has kicked off with a flurry of M&A activity. Adam Hill asks the bosses of IRD and Iteris what we should make of their new purchases – and finds out why the whole process is a bit like dancing…
    Read More
  • ChargePoint secures additional funding led by Siemens
    July 3, 2017
    Electric vehicle (EV) charging network supplier ChargePoint has secured an additional US$43 million in funding, led by Siemens, closing the US company’s latest funding round at US$125 million. The company had earlier secured US$82 million in its Series G round of US$82 million, led by Daimler.
    Read More
  • Get connected
    May 18, 2012
    Delegates at National Harbor this week have opportunity to gain first hand experience of a national connected vehicle program Vehicles of the test fleet of an extensive research program are being put through their paces each day of this year’s ITS America Annual Meeting. With the key objective of showing how vehicles from different manufacturers can communicate and understand each other, technology of the US DOT Connected Vehicle Safety Pilot Program is being demonstrated at National Harbor.
    Read More
  • Q-Free acquires Open Roads Consulting
    July 17, 2014
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will
    Read More

Highlighted Content