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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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Highlights

Dellorto two-track strategy

The two-track strategy allows the Dellorto group to extend and customise its expertise in EGR, throttle bodies, power units, BMS and batteries from motorbikes to off-highway applications with long-life requirements

Utility Innovation Group

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