regional transportation and heavy-duty trucks for long-distance transportation, as well as heavy-duty trucks for the construction work segment) Mack Trucks (light-duty trucks for close distribution and heavy-duty trucks for long-distance transportation) Renault Trucks (heavy-duty trucks for regional transportations and heavy-duty trucks for the construction work segment) Arquus (military vehicles) Dongfeng Commercial Vehicles (45%) (trucks) VE Commercial Vehicles Limited Ltd., India (VECV), a joint venture between Volvo Group and Eicher Motors Limited in which Volvo holds 45.6% (trucks and buses) Volvo Construction Equipment (construction equipment) SDLG (70%) (construction equipment) Volvo Group Venture Capital (corporate investment company) Volvo Buses (complete buses and bus chassis for city traffic, line traffic and tourist traffic) Volvo Financial Services (customer financing, inter-group banking, as real estate administration) Volvo Penta (marine engine systems for leisure boats and commercial shipping, diesel engines and drive systems for industrial applications) Volvo Energy (management and support for electric vehicles, batteries and electrification networks) According to the company, in 2021 almost two thirds (62%) of its revenue came from trucks and services related to them. Second came construction equipment (25%), and the rest was from buses, marine engines, and minor operations, each of them below 5%. Production facilities Volvo has various production facilities. , it has plants in 19 countries, with 10 other countries having independent assemblers of Volvo products. The company also has product development, distribution, and logistics centers. Its first plant for vehicle assembly, on the Hisingen island, was owned by SKF until it was made part of the Volvo company in 1930. That year, Volvo acquired its supplier of engines in Skövde (Pentavarken). In 1954, Volvo built a new truck assembly plant in Gothenburg and, in 1959– 1964, a car assembly plant in Torslanda. The first truly branched away plant of Volvo was the Floby gearbox plant (100 kilometers to the northeast of Gothenburg), incorporated in 1958. In the 1960s and early 1970s, Volvo and its assembly partners opened plants in Canada, Belgium, Malaysia, and Australia. In the early part of that period Volvo also started to venture into vehicles other than passenger cars and road-going commercial vehicles by acquiring the Eskilstuna plant (Bolinder-Munktell). From the 1970s onwards, Volvo set up various facilities (Bengtsfors, Lindesberg, Vara, Tanumshede, Färgelanda, Borås), most of them within a 150 kilometer radius of Gothenburg, and gradually acquired the Dutch DAF car plants. It also established its first South American plant in Curitiba, Brazil. From