Volvo Group Launches R&D Website

June 13, 2012
The Volvo Group this week announced it is launching a new Tech World website that will openly display, for the first time, many of the research projects on which the company’s engineers are working on.

The Volvo Group this week announced it is launching a new Tech World website that will openly display, for the first time, many of the research projects on which the company’s engineers are working on.

The Volvo Group, which is one of the world’s largest manufacturers of heavy vehicles and a leader in terms of developing sustainable transport solutions, invested more than SEK 13 billion (about U.S. $1.83 billion) in research and development in 2011.

“Times are different and being open about where we are heading is now beneficial for us, our customers and society,” said Torbjörn Holmström, chief technology officer of the Volvo Group. “We will have the greatest opportunity to address current challenges and those of the future through cooperation.”

Another key aim of the website is to show existing and future engineers the width of the subject areas that are encompassed by the Volvo Group.

“Tech World clearly demonstrates the challenges and future prospects existing within the Volvo Group,” Holmström said. “We hope to be able to show that Volvo Group’s engineers are world-leading in many areas and contribute significantly to creating a future in which the environmental impact is reduced and traffic safety is higher.”

Tech World, http://techworld.volvogroup.com/, features a large number of examples of future projects: automatic equipment, vehicle fuel from forest raw material, vehicles that communicate with each other, electricity generation from surplus engine heat, boat simulators and more. The Volvo Group’s engineers will share their expertise and will also present some of the challenges that remain to be overcome.

Headquartered in Göteborg, Sweden, the Volvo Group is a leading manufacturer of trucks, buses and construction equipment, drive systems for marine and industrial applications and aerospace components.