Volvo Buses is currently undergoing a transformative shift in its European operations. After announcing a new business model two years ago, the company has entered series production with its partner, MCV, and plans to establish manufacturing operations in Mexico. Vice President Thomas Nylund emphasizes the necessity of a holistic approach that includes infrastructure development and workforce training alongside vehicle production to ensure long-term success. With strong demand noted in 2024, especially for electric vehicles and intercity buses, Volvo Buses aims to maintain momentum into 2025 and beyond.
The key is to incentivize the entire ecosystem. We are not just providers of vehicles - in order to succeed long-term, we must also support infrastructure setup, fossil-free energy sourcing, and workforce training.
We are progressing very well with MCV as our partner for the city and intercity bus offers. We are now entering series production and will begin deliveries to customers in the coming weeks.
2024 has been a very good year for Volvo Buses. We observed strong demand worldwide, with the coach market being especially strong in the Americas and Asia Pacific.
We continue to see good demand for our electric products, and now intercity electric products are poised for a robust future in various markets.
Collection
[
|
...
]