Transport Topics (July 6, 2022)
Volvo Group is looking to expand its autonomous and electric truck programs to build market share in its key U.S. market and drive revenue and profits higher, top executives said during a recent presentation. At the same time, Volvo Group is taking a “step by step” approach to strengthen its supply chain, according to Martin Lundstedt, CEO of the Sweden-based truck maker. Different dates are being suggested as to when autonomous freight shipments will begin, but Volvo believes they will start around the middle of this decade.The company predicts it will take a gradual shift over several years before all regions in the United States can be covered.