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.

For more information on companies in this article

Related Content

  • Aptiv and Hyundai to develop AV tech
    September 27, 2019
    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
  • Volvo Bus and Ericsson partner on passenger information for Latin America
    May 22, 2015
    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
  • CES 2019 says hello to the future
    February 20, 2019
    The launch of the latest gadgets has made the Consumer Electronics Show into tech heaven for geeks worldwide – but there is a serious ITS component, too. Ben Spencer braves the bright lights of Las Vegas to find out more The Consumer Electronics Show (CES) has been the showcase for some of the world’s most iconic gadgets – from VCRs to the Commodore 64, and from the camcorder to the launch of HDTV. This has made CES a mecca for tech heads all over the world since it began in the 1960s, but these days it
    Read More
  • AVs in the Netherlands? Don't forget the bikes
    June 11, 2019
    The Netherlands’ famous love of bicycles could be a problem when it comes to the deployment of autonomous vehicles there. And there might be other obstacles, finds Ben Spencer Of all the countries on the planet, the Netherlands is most ready to start deploying autonomous vehicles (AVs), according to a survey by KPMG earlier this year. On the face of it, this is good news: coming first out of 25 countries listed in the Autonomous Vehicles Readiness Index (AVRI) for the second consecutive year puts the Du
    Read More

Highlighted Content