Specifically, the partnership with Penn State will target the areas of diesel combustion and efficiency, alternative fuels, intelligent transportation systems and vehicle and driver safety systems.
WASHINGTON--(BUSINESS WIRE)--Regulatory News:
“We are very pleased to add Penn State to our Academic Partner Program, which now covers Sweden, France, and the U.S.”
At the Renewable Energy Technology Conference & Exhibition (RETECH 2010) the Volvo Group (STO:VOLVA) (STO:VOLVB) today announced its first academic partnership in North America. Penn State was chosen as part of Volvo’s Academic Partner Program, which was launched globally in 2009 for research cooperation with selected universities.
“We are very pleased to add Penn State to our Academic Partner Program, which now covers Sweden, France, and the U.S.,” said Jan-Eric Sundgren, head of public affairs and environmental issues for the Volvo Group. “This program shows our commitment to form a long-term strategic partnership that will strengthen the competitiveness of both the Volvo Group and our academic partners. Penn State already had ongoing activities in several areas such as student co-operative assignments, advanced engineering studies, biofuel research and vehicle system testing, so this partnership was very natural."
Cooperation in Volvo’s Academic Partner Program encompasses research in areas such as production technology, engine development, and automotive safety. Specifically, the partnership with Penn State will target the areas of diesel combustion and efficiency, alternative fuels, intelligent transportation systems and vehicle and driver safety systems.
"This is a wonderful development for the faculty and students at Penn State," said Andre Boehman, professor of fuel science and material science and engineering, Penn State. "This first of its kind agreement between the Volvo Group and a U.S. university will provide extensive opportunities for collaboration in research and development and valuable educational experiences for our students."
The Volvo Group aims to establish long-term partnerships with the best universities worldwide in the field of automotive research.
Read more about the Volvo Group Academic Program and our partners: http://www.volvogroup.com/group/global/en-gb/productsandservices/researchandtechnology/programs_partners/Pages/Key_collaborations.aspx
February 5, 2010
The Volvo Group is one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 100,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. In 2008 annual sales of the Volvo Group amounted to about SEK 300 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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