Volvo creates AV subsidiary

Auto manufacturer Volvo is creating a business area to offer autonomous transport solutions which can be used to operate between logistics centres from 1 January 2020. The company says autonomous transport solutions that are based on self-driving and connectivity technologies are suitable for applications where there is a need to move large volumes of goods and material on pre-defined routes. Volvo’s CEO Martin Lundstedt says: “It is a logical next step for us to gather expertise and resources in a new
November 8, 2019 Read time: 1 min

Auto manufacturer 609 Volvo is creating a business area to offer autonomous transport solutions which can be used to operate between logistics centres from 1 January 2020.

The company says autonomous transport solutions that are based on self-driving and connectivity technologies are suitable for applications where there is a need to move large volumes of goods and material on pre-defined routes.

Volvo’s CEO Martin Lundstedt says: “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.”

In June, Volvo Trucks deployed its autonomous electric vehicle - called Vera - to transport goods from a logistics centre to a port terminal in Gothenburg, Sweden, as part of an agreement with shipping and logistics company DFDS.

Related Content

  • January 17, 2019
    Volvo Group Venture Capital invests in wireless electric charging
    Volvo Group Venture Capital has invested in Momentum Dynamics – a company which provides wireless charging technology for commercial electric, connected and autonomous vehicles (C/AVs). Per Adamsson, vice president at the Volvo subsidiary, says: “High capacity charging up to 300 kW for trucks, buses, construction equipment, industrial and marine applications will support the electrified transition.” Wireless electric charging is expected to allow any vehicle to automatically connect to the electrical
    Read More
  • January 30, 2019
    Zenuity gets green light to trial self-driving cars on Swedish highways
    Zenuity, a joint venture between vehicle solution manufacturer Veoneer and Volvo Cars, is to trial self-driving cars on Swedish highways at a maximum speed of 80km/h. Dennis Nobelius, CEO at Zenuity, says the vehicles will collect important data and improve the company’s safety functions to make unsupervised cars a reality. Transportstyrelsen, the Swedish transport agency, has approved the trials which will take place on the E4 between Stockholm and Malmö; Road 40 between Jönköping and Gothenburg; a
    Read More
  • September 27, 2019
    Aptiv and Hyundai to develop AV tech
    Dublin-based Aptiv has partnered with South Korean automotive manufacturer Hyundai Motor to develop SAE Level 4 and 5 autonomous vehicle (AV) technologies. Aptiv says the joint venture will begin testing fully autonomous systems in 2020 and have an autonomous driving platform available for robo-taxi providers, fleet operators and automotive manufacturers in 2022. As part of the deal, Aptiv is dedicating around 700 employees to develop AV solutions. Hyundai and its affiliates Kia Motors and Hyundai M
    Read More
  • May 22, 2015
    Volvo Bus and Ericsson partner on passenger information for Latin America
    Volvo Bus Latin America and Ericsson have signed a partnership agreement to tailor Volvo's ITS4Mobility intelligent transport system to address the needs of the Latin American market. The traffic management and passenger information system is a tool that helps fleet operators to deploy existing resources in a manner that makes urban transportation systems more efficient. Bus operators will be able to track their fleet in real time, gaining access to information about travel time, punctuality and num
    Read More

Highlighted Content