The Volvo Group has created a new business area to accelerate the development, commercialization and sales of autonomous transport solutions.
Volvo Autonomous Solutions, which will debut Jan. 1, 2020 and will be reported financially as part of Volvo’s truck segment, enables the Volvo Group to meet growing demand and to offer solutions to customers in such segments as mining, ports and transport between logistics centers, as a complement to today’s products and services, the company says.
“We have experienced a significant increase in inquiries from customers,” says Martin Lundstedt, president and CEO. “With the Volvo Group’s wide range of offerings and broad experience of different applications, we have a unique opportunity to offer solutions that meet their specific needs. It is a logical next step for us to gather expertise and resources in a new business area with profit and loss responsibility to take autonomous transport solutions to the next level.”
