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Company type | Public ( Nasdaq Stockholm: VOLV B) |
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Industry | Commercial vehicles |
Founded | 1927 by SKF |
Headquarters | Gothenburg, Sweden |
Area served | Worldwide |
Key people | Finn Johnsson ( Chairman of the board), Leif Johansson (President and CEO) |
Products | Trucks, buses, construction equipment, marine and industrial power systems, aerospace components, financial services |
Revenue | SEK 303,667 million (2008) [1] |
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Total assets | SEK 372,419 million (2008) [1] |
Total equity | SEK 84,640 million (2008) [1] |
Number of employees | 101,400 (2008) [1] |
Website | VolvoGroup.com |
The Volvo b5l is a hybrid bus powered by a non-diesel fuel motor, currently being used in European countries. [2]. This volvo bus can save up to 35% on fuel consumption and reduces the out put of carbon dioxide (green house gases). The bus is powered by an acid battery which is not dependent on fuel. [3]. The vehicle will also be quieter because the reduction of diesel engines. The operation to make this bus is also considerably cheeper.
In electronic mode the double decker buses can go up to 12 miles per hour.Richard, Michael Graham. [4]. The volvo b5l has compressed natural gases which reduce the out put even more than a hybrid diesel bus. [4]