Volvo Group recently launched CampX, a global innovation arena for technology and business transformation in Gothenburg, Sweden. At CampX, Volvo plans to explore and accelerate new ideas using an entrepreneurial mindset. It is meant to serve as an enabler for a cultural change across the complete Volvo Group.
The world is currently facing many challenges where new technologies combined with new business models have shown potential to contribute to greater societal sustainability, less congestion and better accessibility. CampX aims to provide a perfect arena to exploit this potential and for Volvo Group to stay ahead as one of the most innovative companies in the transport industry.
CampX will enter into collaboration projects with suppliers, external partners and start-ups.
Martin Lundstedt, Volvo Group President and CEO says, “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.
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.”
Furthermore, he said, “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.”
Lars Stenqvist, CTO Volvo Group, “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.”