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5 February 2010
The Volvo Group has formed its first academic partnership with North America Pennsylvania State University, which was chosen as part of Volvo’s Academic Partner Program that launched globally in 2009 for research cooperation with selected universities.
‘We are very pleased to add Penn State to our Academic Partner Program, which now covers Sweden, France, and the US,’ said Jan-Eric Sundgren, head of public affairs and environmental issues for the Volvo Group. ‘This Program shows our commitment to form a long-term strategic partnership that will strengthen the competitiveness of both the Volvo Group and our academic partners. Penn State already had ongoing activities in several areas such as student co-operative assignments, advanced engineering studies, biofuel research and vehicle system testing, so this partnership was very natural.’
Cooperation in Volvo’s Academic Partner Program encompasses research in areas such as production technology, engine development, and automotive safety. Specifically, the partnership with Penn State will target the areas of diesel combustion and efficiency, alternative fuels, intelligent transportation systems and vehicle and driver safety systems.
‘This is a wonderful development for the faculty and students at Penn State,’ said Andre Boehman, professor of fuel science and material science and engineering, Penn State. ‘This first of its kind agreement between the Volvo Group and a US university will provide extensive opportunities for collaboration in research and development and valuable educational experiences for our students.’
Headquartered in Göteborg, Sweden, OMX Nordic Exchange Stockholm publicly-held company the Volvo Group manufactures trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. In 2008 annual sales of the Volvo Group amounted to about SEK300bn ($40bn).
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