Volvo Group to accelerate sustainable mobility with innovation hubs on three continents

Lars Stenqvist, Chief Technology Officer Volvo Group said that Volvo Group is committed to the decarbonization of the transport industry by developing innovative technologies within electrification, automation, and digitalization.

Volvo Group to accelerate sustainable mobility with innovation hubs on three continents


Volvo Group-backed CampX is a global concept designed aimed to accelerate new technology and business innovations for sustainable mobility by partnering with startup companies. Volvo Group now has four innovation hubs located across three continents – in France, Sweden, India, and the USA and has now announced the opening of the new CampX Lyon in France.

Under the CampX concept, startups with promising technologies for electric and autonomous vehicles and digital solutions are invited to collaborate with Volvo’s chief engineers and business experts during short validation projects at the CampX innovation hubs. CampX also offers an ecosystem where startups in an earlier phase are provided with mentoring, networks, and business insights by Volvo Group experts. Here they can validate their ideas and test them out at laboratories, workshops and in test vehicles.

Lars Stenqvist, Chief Technology Officer Volvo Group said that Volvo Group is committed to the decarbonization of the transport industry by developing innovative technologies within electrification, automation, and digitalization.

First launched in Gothenburg, Sweden in 2019, there are now an additional three CampX by Volvo Group innovation hubs located near the main Volvo Group Research & Development sites in Bangalore in India, Greensboro in the USA, and Lyon in France – which is opening today near the headquarters of Renault Trucks.

CampX Lyon will focus mainly on decarbonization, urban logistics, and uptime services to better support customer needs and help tackle the many challenges posed by continuously growing cities. With seven partnership agreements signed already, CampX Lyon is on its way to validating and bringing new innovations to market through the collaborations with startups.

Get live Share Market updates and latest India News and business news on Financial Express. Download Financial Express App for latest business news.

First published on: 09-03-2023 at 19:48 IST
Exit mobile version