Our sources say that Volvo Trucks has an alliance with the South-Korean company Samsung SDI for developing battery’s for electric trucks. Volvo has plans to commercialise the FE and FL series electric driven trucks and that makes that there is a need for large and high quality battery’s.
It seems that the developement is being done by Samsung SDI but production should be done by Volvo Trucks. The Samsung deal is also going to have benefits for the Volvo Construction equipment. Volvo Car however is relying on the battery technology of LG, and that is the largest South-Korean competitor of Samsung.