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Volvo Penta and Fantuzzi Team Material Handling expanded their partnership to develop a full range of electric forklifts up to 52 tonnes. The first model, the 26-tonne FTF 26-12 EL, will use a Volvo Penta 360 kWh battery system with 250 kW DC fast charging.
Volvo Penta acquired a minority stake in Utility Innovation Group (UIG), a US-based specialist in utility systems and decentralized energy solutions, to accelerate development of battery energy storage subsystems and power generation portfolio.