7th April 2016, London: Volvo Cars, the premium car maker, plans to launch China’s most advanced autonomous driving experiment in which local drivers will test autonomous driving cars on public roads in everyday driving conditions.
Volvo expects the experiment to involve up to 100 cars and will in coming months begin negotiations with interested cities in China to see which is able to provide the necessary permissions, regulations and infrastructure to allow the experiment to go ahead.
Volvo believes the introduction of AD technology promises to reduce car accidents as well as free up congested roads, reduce pollution and allows drivers to use their time in their cars more valuably.
The Swedish company, whose name is synonymous with automotive safety ever since it invented the seat belt in 1959, is pioneering the development of autonomous driving systems as part of its commitment that no one will be seriously injured or killed in a new Volvo by the year 2020.
“Autonomous driving can make a significant contribution to road safety,” Håkan Samuelsson, president and chief executive of Volvo will tell seminar in Beijing on April 7 entitled “Autonomous driving – could China take the lead?”. “The sooner AD cars are on the roads, the sooner lives will start being saved.”
Mr Samuelsson will welcome the positive steps China has taken to put in place to develop autonomous driving technologies, but will also encourage it to do more to try and speed up the implementation of the regulations that will oversee autonomous driving cars in future.
“There are multiple benefits to AD cars,” said Mr Samuelsson. “That is why governments need to put in place the legislation to allow AD cars onto the streets as soon as possible. The car industry cannot do it all by itself. We need governmental help.”
The introduction of AD cars promises to revolutionise China’s roads in four main areas – safety, congestion, pollution and time saving.
Independent research has revealed that AD have the potential to reduce the number of car accidents very significantly. Up to 90 per cent of all accidents are also caused by human error, something that disappears with AD cars.
In terms of congestion, AD cars allow traffic to move more smoothly, reducing traffic jams and by extension cutting dangerous emissions and associated pollution. Lastly, reduced congestion saves drivers valuable time.
Mr Samuelsson will welcome moves by regulators and car makers in the US and Europe to develop AD cars and infrastructure, but he will also encourage all the parties involved to work more constructively together to avoid patchwork global regulations, technological duplication and needless expense.
“AD is not just about car technology. We need the right rules and the right laws,” Mr Samuelsson will say.
“It is natural for us to work together,” Mr Samuelsson will say. “Our starting point is that both the public and private sectors stand to benefit from new technologies and industries, so it is better to build bridges and work together than to all go in different directions.”
Volvo Car Group in 2015
For the 2015 financial year, Volvo Car Group recorded an operating profit of 6,620 MSEK (2,128 MSEK in 2014). Revenue over the period amounted to 164,043 MSEK (137,590 MSEK). For the full year 2015, global sales reached a record 503,127 cars, an increase of 8 per cent versus 2014. The record sales and operating profit cleared the way for Volvo Car Group to continue investing in its global transformation plan.
About Volvo Car Group
Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 503,127 in 2015 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding.
As of December 2015, Volvo Cars had almost 29,000 employees worldwide. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for China is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).