Connected Car
Vattenfall and Volvo Car Corporation started a first-of-its-kind joint venture, V2, in 2009. In May 12 Volvo Car Corporation takes over the V2 and Vattenfall will get royalty incomes of over 2,5 billion SEK. Vattenfall contributed with knowledge of electrification and Volvo Car Corporation, as leading car manufacturer provided valuable industrial knowledge in the start-up V2, (Volvo-Vattenfall Plug-In Hybrid Vehicle Partnership) in 2009. Both companies invested equal amount and shared the same goal – to put plug-in hybrid cars on the market. I hope that what we have achieved, can be further inspiration to others”, says Andreas Olsson, at Volvo Car Corporation.