Volvo Group accelerates to grow in the ongoing industry transformation
At the Volvo Group’s Capital Markets Day today June 22, 2022, President and CEO Martin Lundstedt and Group Management outlined the major business opportunities in the ongoing technology shift that is expected to accelerate the Group’s sales growth.Over the last decade, the Volvo Group has established an industry-leading profitability and is now taking the next step on its strategic journey. Growth is expected to accelerate with the main driver being the higher value of the electric vehicles and machines. With electric vehicles there is a potential to increase the total vehicle and service