Volvo' Group's focus is to partner with startups to co-create sustainable transport solutions in areas of logistic services, electromobility services, and shared mobility. There are many advantages for Volvo to collaborate with start-ups. Volvo Groups corporate infrastructure, network and knowledge paired with the speed, tech and talent of start-ups is the best of both worlds. Volvo Group has had an innovation lab in Silicon Valley (Hub335) for three years, and this partnership will further enhance its focus on collaboration with startups.

"We are excited to strengthen our startup corporation with our partnership with Plug and Play. Our collaboration will enable us to further accelerate our transformation towards services, creating shared value through partnerships together with the innovation ecosystem actors" says Åsa Mohalland, SVP (Senior Vice President) and Head of Volvo Group Connected Solutions, the global organization that leads the development of Volvo Group connected services and solutions.

"I'm very proud to have Volvo Group officially on board as a corporate partner in our program as they are one of the leading manufacturers of trucks, buses, construction equipment and marine and industrial engines manufacturers in the world. They were a missing piece to work alongside our partners and help us select industry-leading startups that will shape the future of the Supply Chain and Logistics industry," said Mike Zayonc, Founding Partner of Plug and Play Supply Chain.

About Plug and Play
Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, they're present in 35+ locations across five continents. They offer corporate innovation programs and help their corporate partners in every stage of their innovation journey, from education to execution. They also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where they've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/ 

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AB Volvo published this content on 03 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 03:32:08 UTC.