The Volvo Group has developed a new business area, Volvo Autonomous Solutions, which it says will accelerate the development, commercialization and sales of autonomous transport solutions. This will enable the Volvo Group to meet a growing demand and to offer the best possible solutions to customers in such segments as mining, ports and transport between logistics centers, as a complement to today’s products and services, the company says.

Autonomous transport solutions, based on self-driving and connectivity technologies are well-suited for applications where there is a need to move large volumes of goods and material on pre-defined routes, in repetitive flows. In such situations, autonomous transport solutions can create value for customers by contributing to improved flexibility, delivery precision and productivity, Volvo says.

Volvo Autonomous Solutions will constitute a new business area as of Jan. 1. Its financial results will be reported as part of the truck segment. The recruitment process for the head of Volvo Autonomous Solutions has commenced.