Volvo Group’s Future Research and Development Plans
Volvo Group is a leading manufacturer of trucks, buses, construction equipment. In addition to marine and industrial engines. Its commitment to innovation and sustainability in the transportation industry is evident. Especially in its future research and development plans.
Electromobility
Volvo Group plans to develop electric and hybrid vehicles. Those that reduce our environmental impact.
Volvo is investing in the development of electric buses. Moreover it aims to have 1,000 of them on the streets by 2017. The company is also working on hybrid trucks. Those that will reduce fuel consumption and CO2 emissions.
Autonomous Driving
Volvo Group is also working on autonomous driving technology. Technology that will improve road safety and reduce traffic congestion. The company’s autonomous trucks have already been tested successfully in mining operations in Sweden. Moreover, it plans to test them on public roads in the near future.
Reducing Environmental Impact
Volvo Group is committed to reducing the environmental impact of its vehicles and operations. The company plans to reduce its CO2 emissions by 30 percent by 2020, and it is working on developing renewable fuels that will further reduce emissions.
Conclusion Words
To illustrate, Volvo Group is investing in the development of electric buses. In addition, the company is working on hybrid trucks that will reduce fuel consumption and CO2 emissions. Furthermore, Volvo Group is committed to reducing the environmental impact of its vehicles and operations.
Citations
According to the article, Volvo is investing in the development of electric buses, and it aims to have 1,000 of them on the streets by 2017. The company’s autonomous trucks have already been tested successfully in mining operations in Sweden, and it plans to test them on public roads in the near future. The company plans to reduce its CO2 emissions by 30 percent by 2020.
In conclusion, Volvo Group’s future research and development plans show their dedication to innovation and sustainability in the transportation industry. By investing in electromobility, autonomous driving, and reducing environmental impact, Volvo Group is setting a high standard for other companies to follow.
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