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Volvo inks deal for enormous, Tesla-style giga press

Following in Telsa’s footsteps, Volvo has just signed a contract with Italian giga press maker IDRA to install two of its largest presses at a new site in Slovakia. The giga presses – what will likely be a reconfigured version of the same Giga Press 9000 that is making Telsa’s Cybertruck – are the world’s largest, the size of a small house and producing a clamping force of more than 9,000 tons.

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Volvo launches new business unit to promote bidirectional charging

EVs are not only emission-free ways of getting around town but also potential energy reservoirs sitting right in your garage, capable of powering up homes and appliances or giving back to the energy grid – at least, that is the dream for the bidirectional charging dreamers among us. And Volvo is looking to tap into that potential in a bigger way.

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