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Volvo Penta Takes Majority Stake in Marine Battery Systems Pioneer ZEM

marinesalvage by marinesalvage
June 29, 2021
in Law & Regulations
0
Volvo Penta Takes Majority Stake in Marine Battery Systems Pioneer ZEM

Image courtesy Volvo Penta

Image politeness Volvo Penta

Volvo Penta has actually introduced an interesting brand-new procurement of ZEM– a business with 12 years of market experience as a vendor of both aquatic battery systems and also full electrical drivelines and also a solid record in Norway.

ZEM’s core group has a history in electromobility that goes back to 1993. In 2009, ZEM was started as a consultant to the maritime and also overseas market to make battery and also crossbreed services. Today, the firm has actually supplied battery services to various applications, varying from ferryboats, offshore supply vessels, and also high-speed guest ships, to lifeboats and also the growing tank farming market. Among the introducing services are the battery systems to the SMM 2016 Ship of the Year “Vision of the Fjords” along with the globe’s fastest battery-driven catamaran “Ryger Elektra” and also the initial electrical free-fall lifeboats “Viking Norsafe.”

In order to progress the Volvo Group’s sustainability schedule, Volvo Penta lately introduced that it was rerouting additional sources right into increasing its item advancement. The aspiration is to get to net-zero discharges via fossil-free, eco-friendly gas, electrical, and also crossbreed innovation while remaining to give effective services to the aquatic market.

“Volvo Penta’s vision is to become a leader in sustainable power solutions, where we are driving transformation on land and at sea towards a more sustainable society,” claimed Hel éne Mellquist, President ofVolvo Penta “With this acquisition, we are now able to offer driveline solutions for marine customers through ZEM and also contribute to the broader marine electromobility footprint through battery supply. It is a step forward in our transformation and will also allow Volvo Penta to capture new opportunities.”

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