Volvo Takes Success with Carbon-Dioxide-Neutral Trucks to Washington, DC
05 März 2008 - 4:54PM
Business Wire
Regulatory News: After the Volvo Group's (Nasdaq:VOLV) (STO:VOLVA)
(STO:VOLVB) notable showcasing of carbon-dioxide-neutral trucks in
Stockholm and Brussels last year, it is now Washington, DC's turn.
In conjunction with the Washington International Renewable Energy
Conference (WIREC) arranged by the US State Department, the Volvo
Group will later today present seven different trucks, all of which
can be driven without any net contribution of carbon dioxide to the
atmosphere. During the conference, being held from March 4 through
6, the Volvo Group will display seven different trucks; four Volvo
FMs, two Volvo VNs and a Mack Pinnacle, which are equipped with
engines specifically modified to operate with seven different
renewable fuels/fuel combinations. At combustion in the vehicle,
these fuels do not yield any net contribution of carbon dioxide to
the ecocycle and, consequently, do not affect the climate. In
addition to the seven trucks, Mack will also display a hybrid
electric vehicle. The aim of WIREC is to highlight the global
possibilities and challenges in the area of renewable energy. WIREC
is a continuation of the environmental conferences held in Bonn in
2004 and Beijing in 2005. Visitors at WIREC include government
representatives from 75 countries, politicians and interested
parties from business and academia. "The climate issue is global
and one for which the transportation industry has a special
responsibility," says Volvo CEO Leif Johansson. "By participating
in WIREC, we gain the opportunity to show the American public that
the Volvo Group is not just part of the problem, but also a part of
the solution." In conjunction with the conference, the Volvo Group
is arranging a seminar at which Volvo CEO Leif Johansson. Mack
Trucks President Paul Vikner, Swedish Minister of Industry,
Employment and Communications Maud Olofsson and Andy Karsner, U.S.
Department of Energy's Assistant Secretary for Energy Efficiency
and Renewable Energy will participate. "Volvo has the technology
and resources for carbon-dioxide-free transports, but we cannot do
it alone," says Leif Johansson. "We also need large-scale
production of renewable fuels and for this to occur requires
substantial investments in research and development as well as
clear and common guidelines from politicians and government
authorities in as many countries as possible." Both the Swedish and
American governments are involved in the effort to develop the
technologies that reduce the use of fossil fuels in the
transportation sector. In the autumn, a specific environmental
program developed by the American and Swedish governments, in which
the Volvo Group participated, was presented. The program aims at
reducing the use of fossil fuels through working with projects in
the areas of energy and automotive development. For Volvo, this
involves developing drivelines for heavy vehicles that are adapted
to alternative fuels. The projects are financed by Volvo as well as
the Swedish and US governments. For more information regarding
alternative fuels, see;
http://www.volvo.com/group/global/en-gb/volvo+group/ourvalues/environm
ent/renewable_fuels/ (If you are pasting this URL into your browser
remove the extra space which occurs in the word "environment")
Visit http://www.thenewsmarket.com/volvogroup to access
broadcast-standard video from Volvo Group. You can preview and
request video, and choose to receive as a MPEG2 file or by Beta SP
tape. Registration and video is free to the media. AB Volvo (publ)
may be required to disclose the information provided herein
pursuant to the Securities Markets Act. The information was
submitted for publication at 16.30 p.m. CET March 5, 2008. The
Volvo Group is one of the world's leading manufacturers of trucks,
buses and construction equipment, drive systems for marine and
industrial applications, aerospace components and services. The
Group also provides complete solutions for financing and service.
The Volvo Group, which employs about 100,000 people, has production
facilities in 19 countries and sells their products in more than
180 markets. Annual sales of the Volvo Group amount to about SEK
285 billion. The Volvo Group is a publicly-held company
headquartered in Goteborg, Sweden. Volvo shares are listed on OMX
Nordic Exchange Stockholm. This information was brought to you by
Cision http://newsroom.cision.com Regulatory News: After the Volvo
Group�s (Nasdaq:VOLV) (STO:VOLVA) (STO:VOLVB) notable showcasing of
carbon-dioxide-neutral trucks in Stockholm and Brussels last year,
it is now Washington, DC�s turn. In conjunction with the Washington
International Renewable Energy Conference (WIREC) arranged by the
US State Department, the Volvo Group will later today present seven
different trucks, all of which can be driven without any net
contribution of carbon dioxide to the atmosphere. During the
conference, being held from March 4 through 6, the Volvo Group will
display seven different trucks; four Volvo FMs, two Volvo VNs and a
Mack Pinnacle, which are equipped with engines specifically
modified to operate with seven different renewable fuels/fuel
combinations. At combustion in the vehicle, these fuels do not
yield any net contribution of carbon dioxide to the ecocycle and,
consequently, do not affect the climate. In addition to the seven
trucks, Mack will also display a hybrid electric vehicle. The aim
of WIREC is to highlight the global possibilities and challenges in
the area of renewable energy. WIREC is a continuation of the
environmental conferences held in Bonn in 2004 and Beijing in 2005.
Visitors at WIREC include government representatives from 75
countries, politicians and interested parties from business and
academia. �The climate issue is global and one for which the
transportation industry has a special responsibility,� says Volvo
CEO Leif Johansson. �By participating in WIREC, we gain the
opportunity to show the American public that the Volvo Group is not
just part of the problem, but also a part of the solution.� In
conjunction with the conference, the Volvo Group is arranging a
seminar at which Volvo CEO Leif Johansson. Mack Trucks President
Paul Vikner, Swedish Minister of Industry, Employment and
Communications Maud Olofsson and Andy Karsner, U.S. Department of
Energy�s Assistant Secretary for Energy Efficiency and Renewable
Energy will participate. �Volvo has the technology and resources
for carbon-dioxide-free transports, but we cannot do it alone,�
says Leif Johansson. �We also need large-scale production of
renewable fuels and for this to occur requires substantial
investments in research and development as well as clear and common
guidelines from politicians and government authorities in as many
countries as possible.� Both the Swedish and American governments
are involved in the effort to develop the technologies that reduce
the use of fossil fuels in the transportation sector. In the
autumn, a specific environmental program developed by the American
and Swedish governments, in which the Volvo Group participated, was
presented. The program aims at reducing the use of fossil fuels
through working with projects in the areas of energy and automotive
development. For Volvo, this involves developing drivelines for
heavy vehicles that are adapted to alternative fuels. The projects
are financed by Volvo as well as the Swedish and US governments.
For more information regarding alternative fuels, see;
http://www.volvo.com/group/global/en-gb/volvo+group/ourvalues/environm
ent/renewable_fuels/ (If you are pasting this URL into your browser
remove the extra space which occurs in the word "environment")
Visit http://www.thenewsmarket.com/volvogroup to access
broadcast-standard video from Volvo Group. You can preview and
request video, and choose to receive as a MPEG2 file or by Beta SP
tape. Registration and video is free to the media. AB Volvo (publ)
may be required to disclose the information provided herein
pursuant to the Securities Markets Act. The information was
submitted for publication at 16.30 p.m. CET March 5, 2008. The
Volvo Group is one of the world�s leading manufacturers of trucks,
buses and construction equipment, drive systems for marine and
industrial applications, aerospace components and services. The
Group also provides complete solutions for financing and service.
The Volvo Group, which employs about 100,000 people, has production
facilities in 19 countries and sells their products in more than
180 markets. Annual sales of the Volvo Group amount to about SEK
285 billion. The Volvo Group is a publicly-held company
headquartered in G�teborg, Sweden. Volvo shares are listed on OMX
Nordic Exchange Stockholm. This information was brought to you by
Cision http://newsroom.cision.com
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