AB Volvo Partners Centre for Research into Traffic Safety in China

  AB Volvo Partners Centre for Research into Traffic Safety in China

Business Wire

GÖTEBORG, Sweden -- December 18, 2012

AB Volvo is one of five partners behind a new centre for research into traffic
safety in China that was inaugurated today, December 18, in Beijing. The China
Sweden Research Centre for Traffic Safety signals closer cooperation between
Sweden and China in the field of transportation.

In China, which is one of the world’s biggest markets for cars and heavy
trucks, traffic safety has emerged as an increasingly important issue for both
the Chinese government and the general public. When Sweden’s Minister for
Enterprise Annie Lööf visited China in May 2012, the Swedish and Chinese
governments signed a letter of intent regarding a joint research facility for
traffic safety.

The China Sweden Research Centre for Traffic Safety was inaugurated today and
will conduct research projects with the aim of improving road safety both in
Sweden and in China. Pilot projects are already under way, including some
whose focus is on studying accidents in China involving trucks and buses. The
research centre also aims to boost the exchange of technology and knowhow
between the two countries and to support the two governments’ decisions on
issues relating to traffic safety.

“With safety as one of our core values, the Volvo Group has long experience of
working with traffic safety issues. China is a vital market and one of the
benefits of this cooperation is that we gain better insight into its traffic
situation at the same time as we can build up valuable experience through
hands-on work together with Chinese universities, research institutes and
public authorities,” says Jan-Eric Sundgren, Executive Vice President Public &
Environmental Affairs at the Volvo Group.

“The fact that both governments want to bring Volvo on board in this process
is clear evidence of the Group’s leading role in vehicle and traffic safety”.

The other partners in addition to AB Volvo are Volvo Car Group, Chalmers
University of Technology, the Chinese Ministry of Transport’s Research
Institute of Highways and Tongji University.


For more stories from the Volvo Group, please visit

The Volvo Group is one of the world’s leading manufacturers of trucks, buses
and construction equipment, drive systems for marine and industrial
applications. The Group also provides complete solutions for financing and
service. The Volvo Group, which employs about 115,000 people, has production
facilities in20 countries and sells their products in more than 190 markets.
In 2011 annual sales of the Volvo Group amounted to about SEK310 billion. The
Volvo Group is a publicly-held company headquartered in Göteborg, Sweden.
Volvo shares are listed on OMX Nordic Exchange Stockholm. For more
information, please visit www.volvogroup.com or www.volvogroup.mobi if you are
using your mobile phone.

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Kina Wileke
+46 31 66 12 32
+46 0739 02 55 44.
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