Volvo's new research agreement with American technology developer Nvidia, is focused on creating a flexible, scalable autonomous driving system to used in future commercial vehicles.
Four commercial vehicle manufacturers, Volvo Group North America, Daimler Trucks North America, Paccar and Navistar, are scheduled to present at the annual HD Repair Forum event.
Volvo Group demonstrated its Eco-Drive technology on two connected freight corridors in Southern California to show how the technology integrates traffic signal data with vehicle dynamics to provide real-time speed recommendations.
Volvo Group Venture Capital, a subsidiary of Volvo Group, has announced an investment in Momentum Dynamics, a compay that is developing high power wireless charging technology for electric vehicles.
Sweden’s Volvo Group will set aside $780 million to cover estimated costs to address a faulty emissions control component used in diesel engines sold in certain markets, including North America and Europe.
Volvo Group stock fell after the Sweden-based truck and engine maker announced it was investigating the potential failure of a critical emissions control component used on engines sold primarily in Europe and North America.
An animated short by Volvo shows the company's vision for how electric, autonomous trucks could soon work in ports and other drayage applications.
The economy boom has helped sales, but also increased supply and logistics costs, says Martin Weissburg, the new head of Mack Trucks.
Second-quarter profit for the Sweden-based truck and engine manufacturer Volvo Group rose 59% from a year ago.
Yet more Republican members of the House of Representatives have fired a broadside at the Volvo Group, as well as at the Engine Manufacturers Association, in the ongoing congressional questioning of the legitimacy of a study on glider kit regulations conducted recently by the Environmental Protection Agency.