AB Volvo Partners Centre for Research into Traffic Safety in China

Tue Dec 18, 2012 2:38am EST

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GÖTEBORG, Sweden--(Business Wire)--
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. 

2012-12-18 

For more stories from the Volvo Group, please visit
http://www.volvogroup.com/globalnews. 

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 in 20
countries and sells their products in more than 190 markets. In 2011 annual
sales of the Volvo Group amounted to about SEK 310 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
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