The Volvo Group is a Swedish multinational that handles core activity production, distribution and sale of trucks, buses and construction equipment. This innovation hub also works on the supplies of marine, industrial drive systems and financial services.
Headquartered in Gothenburg with about 100,000 efficient employees Volvo Group continues to focus on innovation in the Automobile industry. It has production facilities in 18 countries and sells its products in more than 190 markets. Not just that, it leads the globe as Maruti car continues to lead our country.
This publicly held company reached EUR 35 billion as its net sales in the year 2017.
The mantra of the company is innovation and nothing else. Through their innovation, they are willing to redefine the commercial transport solutions that most of us rely on every day. Their prime focus lies in creating real-life that is beneficial for both our customers and the society in terms of productivity, safety, energy and fuel efficiency.
Innovation had its way in the automobile industry once again. Being a next-generation of transport solutions the Volvo Group continued its far-reaching drive to achieve the unattainable. One of the recent innovations included a system which would coordinate autonomous electric vehicle and ensure efficient and safe goods transport from one place another as well as a new electric compact wheel loader concept such garbage trucks.
Quite recently, we all witnessed the unveiling of new goods transport solutions for the first ever a time in connection with the Volvo Group’s Innovation Summit in Berlin that consists of autonomous electric vehicles that are wirelessly connected to a transport control centre.
An important point worth noting is about the control centre that turns out to monitor a variety of parameters, namely the load and battery charge; using this data to ensure that the overall fleet logistics, as well as goods and vehicle flow, are as efficient as possible.
The system is intended for use within areas characterised by short distances, large cargo volumes and high delivery precision, for example between logistic hubs.
Working day in and out, they developed the advanced technology from Volvo’s electric buses. Thus, this Volvo is customised with a variety of features like electrification of various vehicle categories, such as trucks, construction machines and marine and industrial applications. It goes without the saying that being a strong team of proficient Group experts, Volvo Group has conducted deep research into autonomous vehicles and presented several examples of self-driving concept vehicles.
It is said that in close cooperation with relevant customers the new goods transport solution will be further developed. At the most eminent Innovation Summit in Berlin, the Volvo Group also presented its LX2 construction machine, an electric compact wheel loader concept.
It is indeed a second generation prototype which isn’t commercially available yet since it is a part of the research so far. The best part of LX2 is that it uncannily delivers far lower noise levels, improved efficiency and lower operating costs compared to its conventional counterparts.