Research and development at the Volvo Group relies on the combined expertise from different companies within our organization. By coordinating R&D initiatives as well as general processes and tools across the company, substantial economies of scale are created.
About 50% of the Volvo Group R&D is performed in Sweden and the rest in different locations in Europe, US, Asia, South America.
Global management…
Any research and development issue which is of strategic nature and of interest to the Group as a whole is coordinated by a global function called Group Issue Board Technology.
…of specialized business units
The Volvo Group is organized in product-related business areas and supporting business units. This organization permits companies to work closely with their customers while efficiently utilizing Group-wide resources.
The following business units all play important roles in developing new technologies and services: