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Volvo Penta to accelerate electric grid innovation with UIG

Volvo Penta has acquired a minority stake in Utility Innovation Group (UIG). The investment accelerates entry into the utility sector to further develop Volvo Penta’s battery energy storage subsystem and power generation portfolio as part of its road to net zero.
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Volvo Penta to accelerate electric grid innovation with UIG

Volvo Penta has acquired a minority stake in Utility Innovation Group (UIG). The investment accelerates entry into the utility sector to further develop Volvo Penta’s battery energy storage subsystem and power generation portfolio as part of its road to net zero.
News