News & Media

Volvo Group Venture Capital AB invests in the U.S.-based company aifleet, a trucking company leveraging its unique AI-technology to reshape the future of trucking focusing on truck utilization and driver satisfaction.

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Volvo Group through its Development center in India and BMS College of Engineering, Basavanagudi, today inaugurated the ‘BMSCE and Volvo Group Centre for Flexible Material Research’. This centre is a culmination of two years of dedicated joint research in the domain of flexible materials’ testing and simulation. This reinforces the Volvo Group's commitment to innovation through academic partnerships. This Centre will be a key source for path breaking research, promoting innovative ideas and nurturing engineering talent for the future.

Up to 600 km on one single charge. That’s how far Volvo’s next-generation heavy-duty electric truck will be able to drive. The longer range represents a breakthrough for long-distance transport with zero tailpipe emissions.

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The Håkan Frisinger Foundation for Transportation Research has appointed Professor Johan Woxenius at the University of Gothenburg as this year's scholarship recipient. The prize includes a guest research program at Lund University. “We look forward to welcoming Johan Woxenius and jointly addressing important challenges in freight transport in the interaction between urban and rural areas,” says Henrik Pålsson, professor at Lund University.

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The Volvo Group will build its new Mexican heavy-duty truck manufacturing plant in Monterrey.  As announced on April 11, the plant will supplement the Group’s U.S. production and provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and Mack truck sales in Mexico and Latin America.  The plant is expected to be operational in 2026.

• Monterrey-selected-as-site-for-new-North-American-heavy-duty-truck-plant (PDF, 267 KB)

The innovation landscape is vast, and you can easily get lost in blockchain projects, virtual reality experiences and AI platforms. Choosing an innovation approach is an important part of your innovation strategy, it can guide you like a north star and makes it easier to stay on your innovation course. In this article we explain why we chose a human-centric approach at CampX.

Embarking on a two-day journey of innovation and collaboration, the AI in Action Hackathon organized by Volvo Group Connected Solutions, a global organization that leads the development of the Volvo Group's connected services and solutions, proved to be a showcase of brilliance and creativity. This global development and training initiative brought together numerous talented minds, fostering an atmosphere of excitement and energy.

Highlighting Volvo Group's steadfast commitment to open and collaborative innovation, the Volvo Group Connected Solutions Innovation Lab, Silicon Valley recently hosted Volvo employees from around the globe to attend the Plug and Play Winter Summit. The Summit, which presents over 300 startups across 19 industry-focused innovation programs and hosts over 3,000 attendees, serves as a vibrant hub for learning from industry leaders, connecting with startups, and gaining valuable insights into cutting-edge technologies.

This year the Volvo Group Seasonal Gift – given on behalf of all employees to projects worldwide – focuses on 'Support STEM for youth in underprivileged areas'.

The Innovation Lab by Volvo Group in Silicon Valley hosted the 2023 Service Design Summit, a three-day event that brought together a diverse group of designers, portfolio managers, and service development professionals from Volvo Trucks, Mack Trucks, Volvo Trucks North America, and Volvo Group Connected Solutions.