Volvo Autonomous Solutions Expands Its Footprint And Starts Operations In Texas
Portfolio Pulse from Happy Mohamed
Volvo Autonomous Solutions (V.A.S.) is expanding its presence in North America by establishing an office in Texas and starting manual operations for commercial autonomous hub-to-hub transport. V.A.S. is setting up autonomous freight corridors and has begun hauling loads for key customers like DHL and Uber Freight.
June 08, 2023 | 12:18 pm
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Volvo's expansion into Texas and partnership with DHL and Uber Freight for autonomous hub-to-hub transport could boost the company's presence in the autonomous vehicle market.
Volvo's expansion into Texas and its partnerships with DHL and Uber Freight for autonomous hub-to-hub transport demonstrate the company's commitment to growing its presence in the autonomous vehicle market. This move could lead to increased demand for Volvo's autonomous solutions, positively impacting its stock price in the short term.
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