Volvo creates new business unit for autonomous truck solutions

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Volvo has created a new business unit for its growing range of autonomous transport solutions. The new business area, Volvo Autonomous Solutions, will accelerate the development, commercialization and sales of autonomous transport solutions. Volvo says this will enable the company to meet "a growing demand" and to offer "the best possible solutions" to customers in such segments as mining, ports and transport between logistics centers, as a complement to today's products and services. With global developments that are characterized by higher demand for transportation, increasingly congested roads and major environmental challenges, the industry needs to provide transport solutions that are safer, have a lower environmental impact and are more efficient. Autonomous transport solutions, based on self-driving and connectivity technologies are well-suited for applications where there is a need to move large volumes of goods and material on pre-defined routes, in repetitive flows.

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