Volvo Autonomous Solutions Targets $3 Billion Revenue in the U.S. by End of 2031
2026-06-11 09:52
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en.Wedoany.com Reported - Volvo Autonomous Solutions plans to achieve unmanned highway operations in the United States in the first quarter of 2027, and expects to generate $3 billion in revenue by the end of 2031.

The Volvo Group released this information at its Capital Markets Day event held on June 10.

A Volvo autonomous truck.

Last month, Volvo expanded its autonomous freight network with Aurora Innovation, adding a new 200-mile route between Dallas and Oklahoma City. Additionally, Volvo launched autonomous freight operations in Texas with DSV.

Nils Jaeger, President of Volvo Autonomous Solutions, stated that autonomous trucks are not subject to current driver hours-of-service regulations, which can double vehicle utilization.

Mats Backman, Chief Financial Officer of Volvo, said at the Capital Markets Day event that overall truck demand in North America is strong, with production gradually increasing. Customer demand and deliveries in Europe remain stable.

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