Volvo Group announced CampX by Volvo Group, with the goal of using the offshoot to introduce innovation and collaboration with new industry technology.
“By establishing CampX by Volvo Group, we will drive the transformation to new disruptive business models and technologies, with a focus on automation, electromobility, and connectivity," said Martin Lundstedt, Volvo Group President and CEO. "At CampX, we will explore and accelerate new ideas using an entrepreneurial mindset. CampX will serve as an enabler for a cultural change across the complete Volvo Group, where innovation will be even more at the center of what we do.”
“We have gathered 400 of our technical and business experts within automation, electromobility, and connectivity in CampX. We will invite selected stakeholders from the partner eco system, like customers, companies, academia, authorities, and so on, to join us to co-create and test new ideas using laboratories and workshops at the CampX facility,” said Lars Stenqvist, CTO Volvo Group.
“We think of CampX as a place where the Volvo Group and its partners can benefit and learn from each other in a trusting and innovative environment. We are very excited and happy to open up the doors to our first CampX, inaugurated today in Gothenburg, Sweden, where we have converted an old factory building into a state-of-the-art inspirational and attractive innovation hub,” said Lundstedt.