Volvo receives hybrid technology grant

August 2008
Bulk Transporter;Aug2008, Vol. 71 Issue 2, p10
The article reports on the $18 million, three year grant given to Volvo Group by the U.S. Department of Energy and Swedish Energy Agency for the development of hybrid technology and drivelines for alternative fuels in the U.S. The initiative extends the one year research and cooperation agreement between Volvo Group and the Swedish and U.S. governments. In addition, the cooperation aims at reducing heavy vehicles' use of fossil fuels through research and development projects.


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