The 4th China International Import Expo (hereinafter referred to as the "CIIE") is in full swing in Shanghai. As a world-leading manufacturer of commercial transportation and construction equipment, it brings its business units (Volvo Trucks, Volvo Construction Equipment, Volvo Penta, Volvo Financial Services) and a variety of blockbuster new products into the high-end technology and equipment exhibition area of the Expo. , Fully presenting its cutting-edge technologies and innovative solutions in the fields of automation, electrification and interconnection. At the CIIE, the Volvo Group also held a total of five signing ceremonies with a number of key customers in the fields of energy engineering, industrial manufacturing, and logistics, with a total contract value of more than 370 million yuan.
　　 As one of the foreign exhibitors participating in the CIIE for four consecutive years, the Volvo Group has always been committed to promoting social prosperity with transportation and infrastructure solutions. In the past four years, from the joint participation with the Swedish National Pavilion to the independent participation of some business units, to the independent participation of its four business units, the Volvo Group has brought a variety of blockbuster innovative products and solutions to Chinese customers, not only for the contemporary The green development of commercial transportation and infrastructure construction provides new ideas and new models, and also fully confirms the importance of the Chinese market and the "Expo Opportunities".
       With the “Carbon Peak by 2030”, “Carbon Neutral by 2060” energy-saving and emission reduction goals, and the comprehensive deployment of the “14th Five-Year Plan” for the green and low-carbon transformation, sustainable development has increasingly become the key to China’s economic and social transformation. Important indicators. Volvo Group actively responds to the national strategy, relying on its own innovative advantages in automation, electrification, and interconnection, and integrates the green and low-carbon concept into the product innovation path. At this CIIE, the Volvo Group brought a number of blockbuster innovative products, technologies and solutions that were "first shown" in China and even the world, further explaining its unremitting pursuit in the field of innovation and sustainability. Among them, Volvo Trucks made the China debut of its first flagship FH heavy-duty truck FH460 to be produced locally in China. It is equipped with an advanced I-Save intelligent fuel-saving system, which has stronger power, lower fuel consumption and improved fuel efficiency. 3%, saving 10% of fuel consumption year-on-year, which can greatly improve the efficiency of logistics and transportation and contribute to global energy conservation and emission reduction.
　　Volvo Construction Equipment comprehensively demonstrated its innovative breakthroughs in the field of electrification and automation, including the world's first LX03 fully automatic electric wheel loader concept machine, and China's first ECR25 electric miniature crawler excavator. As a leader in the intelligentization of construction machinery, LX03 integrates automation and multi-function attributes, which can easily handle a variety of task scenarios, whether it is loading materials for trucks or participating in landscaping and mining, just simply replace the accessories. Flexible to meet the needs of different operations. As a leading representative of electric drive technology, ECR25 has outstanding advantages such as zero emissions, low noise, low energy consumption, high efficiency, and low maintenance requirements compared with traditional models, which fully confirms Volvo Construction Equipment's deep insight into future technology.
　　In the field of marine and industrial power systems, Volvo exhibited electric drive systems at this CIIE. As an important milestone in electrification and zero-emission solutions, this product was developed by the Swedish headquarters of the group for 5 years. It can reduce the cost of end users. It is equipped with a battery management system developed exclusively by Volvo, which can maximize energy saving and promote the entire The electrification of the industry.
      Ms. Ma Jun, President of Volvo (China) Investment Co., Ltd., said: "Under the'dual cycle' development pattern, the strong resilience of China's economy contains huge room for development. We are full of confidence in this, and the CIIE is also shared by multinational companies. "Opportunities in China" provides an important window. Taking root in China for nearly 30 years, the Volvo Group has always paid attention to the development and construction of the Chinese market. In the future, we will continue to leverage our innovative advantages in transportation and infrastructure construction and cooperate with local partners Go hand in hand to help the prosperity and progress of China's economy and society."