2004 Volvo Xc-90 Awd T6, Properly Serviced..very Clean No Reserve..twin Turbo on 2040-cars

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Tony Nicolosi confirmed as Volvo's North American CEO

This past October, John Maloney stepped down from his post as CEO at Volvo Cars North America. In his place, the Swedish automaker tentatively promoted Tony Nicolosi, who had until then served as head of Volvo Car Financial Services. The appointment was reportedly temporary, giving Nicolosi the title of acting CEO. But according to Automotive News, his position has now been confirmed for the long run.
Although Volvo has yet to announce a new director for its financial arm, Nicolosi says they have found the right person and will announce sometime between now and the National Automobile Dealers Association convention, set to take place later this month in New Orleans.
Last month, Volvo also announced that its global communications chief Bodil Eriksson is moving from the home office in Gothenburg to the North American office in Rockleigh, New Jersey. Anders Kärrberg has been promoted from the government affairs post to take Eriksson's place.

Volvo Car partners with Northvolt to develop and produce batteries

STOCKHOLM — Volvo Car Group, owned by China's Geely Holding, announced plans on Monday for a joint venture with Swedish battery maker Northvolt to develop sustainable batteries for its electric cars and set up a factory for production. The companies aim to set up a research and development center in Sweden to begin operations in 2022 and start a factory in Europe with a potential capacity to produce up to 50 gigawatt hours (GWh) per year in 2026. "Working closely with Northvolt will also allow us to strengthen our in-house development capabilities," said Hakan Samuelsson, chief executive at Volvo Car Group. Northvolt will become Volvo Cars' exclusive battery cell production partner in Europe. The factory will be powered by clean energy and is expected to employ around 3,000 people. The location of the plant has yet to be decided. Northvolt raised $2.75 billion in equity this month to expand capacity at the factory it is building in northern Sweden, and Volvo plans to source battery cells from that battery plant starting in 2024. German carmaker Volkswagen is Northvolt's biggest shareholder, and the battery maker has also got contracts worth billions from the likes of BMW and Scania. Battery makers are scrambling to keep up with demand as carmakers switch to electric in order to reduce planet-warming carbon emissions. Volvo Cars aims to sell 50% pure electric cars by the middle of this decade, and by 2030 it aims to sell only fully electric cars. Electric successor to Volvo's XC60 model will be the first car to feature battery cells developed through the joint venture.

Volvo specs new 450-hp triple-charged four-cylinder engine

When Volvo lifted the veil on the new XC90 a little over a month ago, it announced that all versions would be powered by one engine design: a new 2.0-liter four-cylinder to be offered in various states of tune. That would range, Volvo said, all the way up to a high-output version with "around 400 horsepower," but while it wouldn't specify exact output, now it has.
The new High Performance Drive-E Powertrain incorporates two parallel turbochargers fed by a third electric turbo-compressor. Instead of feeding the cylinders directly, that third unit spools up the twin turbochargers, working together with a dual fuel pump pressurized to 250 bar.
The result is an output of 450 horsepower - far more than the existing 320-hp version and even more than expected. That also works out to 225 hp/liter, far more than the 177 hp/liter boasted by Mercedes-AMG's high-output turbo four and the 139 hp/liter in the Alfa Romeo 4C. Short of a rotary engine (whose actual displacement is the subject of great debate), you'd have to go up to something like the Koenigsegg One:1 (268 hp/liter) to find a higher specific output than what Volvo's boasting here.