Volvo Buses is set to discontinue the production of its entire range of buses and coaches, transitioning to a focus on sustainable mobility solutions.
The Swedish automotive manufacturer, owned by the Chinese company Geely, announced that it will cease producing completed buses and coaches in order to devote its resources to developing and offering transport solutions that are both environmentally-friendly and financially viable.
Volvo Buses’ executive vice president Jonas Odermalm explained that the company’s decision to discontinue production was informed by its mission to create a more sustainable future for urban transportation.
“We have decided to discontinue production of complete buses and coaches in order to focus on our core business – providing sustainable transport solutions to our customers,” Odermalm said.
The company has long been regarded as one of the leading providers of complete buses and coaches, and its decision to cease production is expected to have a significant impact on the commercial vehicle industry.
Volvo Buses will, however, continue to provide its services to bus operators around the world, providing components such as engines, axles, and suspension systems.
The company will also continue to focus on developing and providing innovative mobility solutions such as its electric buses, autonomous buses, and connected buses, which can be tailored to meet the specific needs of its customers.
The move is part of Volvo Buses’ larger ambition to create a sustainable mobility ecosystem which will allow cities to reduce emissions and create a greener, healthier environment.
“We are convinced that this new approach will enable us to provide even better solutions and services to our customers,” said Odermalm. “We want to be at the forefront of the development of sustainable mobility solutions and this move will enable us to do that.”