Volvo 2012 Annual Report Download - page 11

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The Volvo Group is one of the world’s largest
manufacturers of commercial vehicles and a
leader in terms of developing sustainable
transport solutions of the future. In 2012, the
Volvo Group invested almost SEK 15 billion in
research and development.
Research and development has always been
the most secretive aspect of a company. This is
natural, since it involves launching new solutions
ahead of competitors. Nevertheless, the Volvo
Group has decided to display some of the com-
pany’s work for the future on its new website
Tech World.
− Times are different
and being open about
where we are heading is
now beneficial for us, our
customers and society,
says Torbjörn Holmström,
Executive Vice President
Group Trucks Technology
and 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 features a large number of exam-
ples of future projects: automatic construction
equipment, vehicle fuel from forest raw material,
vehicles that communicate with each other,
electricity generation from surplus engine heat,
boat simulators and much more. The Volvo
Group’s engineers share their expertise and
also present some of the challenges that
remain to be overcome.
Research to meet
future needs
Read more at
http://techworld.volvogroup.com/
Wheel loaders without drivers, virtual sheet painting and elec-
tric buses that charge in ten minutes. In 2012, the Volvo Group
opened the door to the future with its new Tech World website.
For the first time, many of the research projects on which the
company’s engineers have been involved were openly displayed.
7