The Volvo Group will be participating as a cooperation partner in a joint environmental program between the United States and Swedish governments. This program is aimed at reducing consumption of fossil fuel by focusing on projects within the areas of energy and vehicle development. For Volvo, it would involve producing powertrains based on alternative fuels suitable for heavy vehicles.
The cooperation is a result of a research and development agreement signed in June 2006 by the Swedish and US governments. The Volvo Group will be a cooperation partner in a number of projects conducted under this agreement. Projects include the development of hybrid technology for heavy vehicles and analyses of how various biofuels impact on diesel engines, with the aim of further improving fuel economy and reducing emissions of greenhouse gases.
