As demand for transport and infrastructure will inevitably increase globally, making sure it is safe and fossil-free is of the highest priority. Volvo Group, one of the world’s largest manufacturers of trucks, buses, and construction equipment, has invested billions of dollars into this transition. At CES 2025, Martin Lundstedt, CEO of Volvo Group, showcased how it is uniquely placed to accelerate a productive and profitable decarbonization shift.
This January, over 140,000 tech enthusiasts, entrepreneurs, journalists, and analysts gathered in Las Vegas for the Consumer Electronic Show (CES) - the world’s leading platform for tech innovation. Bringing together major innovators from across different sectors, the event is unrivalled for connecting industry leaders and providing a glimpse into the future of technology. For Volvo Group, one of just four companies invited to take the prestigious main stage for a keynote, this was an opportunity to highlight the vital role of fossil-free transport and construction solutions in building a sustainable future for all. At CES 2025, Volvo Group’s digitally immersive keynote was made all the more engaging with an incredible panel of speakers, showcased the potential of fossil-free transport, demonstrated technical innovations, and presented a hopeful but realistic vision of the future.

Going dark: Martin Lundstedt, CEO of Volvo Group, imagines how society would shut down if the transportation sector didn’t exist, during his keynote from CES 2025
Turning challenges into opportunities
During his keynote, Martin Lundstedt, CEO of Volvo Group, highlighted that the demand for transportation and infrastructure will continue to increase as the global middle class and urbanization grow and e-commerce becomes more popular. This, of course, brings potentially devastating side effects, such as climate impact, pollution, congestion, and noise - but it doesn’t have to be this way. Although these side effects have been reduced over the years, “there is still a lot more to address,” said Lundstedt.
Volvo Group believes there is an opportunity to turn these negative effects into growth opportunities, and through its demonstration of real-life solutions available today, it is proving that this is happening and will continue to evolve. “The transformation will lead to a new level of prosperity, and sustainability, for real.”
“But,” he added, “this transformation is only possible through the type of game changing partnerships that ensure every enabling condition is in place to make the transformation a success. From fossil-free energy through to reliable infrastructure, from cost competitiveness to policy and regulations - all are needed to support the Group’s climate technology innovations.“

Ebba Busch, Minister of Energy Business and Industry, and Deputy Prime Minister for Sweden, demonstrates Sweden’s long heritage of innovation.
Ebba Busch, Minister for Energy, Business and Industry, and Deputy Prime Minister for Sweden, agreed with Martin. Taking the stage, she asked the audience to instill hope in the next generation, using climate innovations from Sweden as an example of how we can build a better future. “New technologies offer incredible possibilities. As business leaders, mothers, fathers, policymakers, and fellow citizens, we all have a great responsibility to instill the values of hard work and curiosity into the next generation,” she exclaimed to an applauding audience.
For Volvo Group, the transition to a fossil-free world involves three tracks - there is no silver bullet to decarbonize the many diverse applications within transport. A combination of batteries, hydrogen-powered fuel cells, and combustion engines running on renewable fuels like green hydrogen will meet the global need for logistics and city construction without fossil fuel, harmful pollutants, or excessive noise.

Sterling Anderson of Aurora (left) and Lars Stenqvist of Volvo Group (right) demonstrate how autonomous technology is helping to improve road safety.
Innovations for cleaner and safer transportation
“Worldwide, our heavy-duty trucks are active in 49 countries, covering 130 million kilometers. That is more than 3,000 laps around the globe,” said Lars Stenqvist, Chief Technology Officer of Volvo Group, as he shared examples of heavy trucks, construction equipment, and haulers during an immersive live simulation.
Autonomous technology is another important innovation, helping companies move goods and people more safely. Sterling Anderson, Co-founder and Chief Product Officer at Aurora, joined Lars to share how autonomous driving already helps trucks detect and safely avoid pedestrians in the streets, through a system that can detect them a full 11 seconds before a human driver could see them in the dead of night.
“We’ve integrated this deeply with the Volvo VNL Autonomous, giving the trucks that it operates the ability to detect and track even small objects, like debris or small people, at a range of up to 500 meters,” said Sterling.

For her keynote, Andrea Fuder, Chief Purchasing Officer of Volvo Group, highlighted the importance of including Volvo Group’s vast supplier network in the transition.
Partnership is the new leadership
To wrap up the session, Andrea Fuder, Chief Purchasing Officer of Volvo Group, raised the importance of involving the whole supply chain. “The power of a supply network with a shared purpose to drive positive change is exponential,” said Andrea, referring to Volvo Group’s 50,000 direct suppliers and the millions of suppliers in its extended network. “This collective demand is, in fact, a make or break for the green transition.”
Dive deeper into Volvo Group’s ambitions for a fossil-free future! Watch the full keynote to learn more about technical innovations and advancements from CES 2025 in Las Vegas:
https://www.youtube.com/live/FT8nWypsAQ8
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3 d
Volvo has done great in decarbonizing mobility. Keep up!
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6 d
Great key note! Volvo Group commitment to partnerships and decarbonization is setting a powerful example for the industry. Fantastic, keep it up!
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1 w
Impressive presentation, is Volvo also investing in the electrification of public transport?
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2 d
@sarah_chabane_874 They make electric buses.