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Volvo Group boss joins Sweden’s Innovation Council

Volvo Group President and CEO, Martin Lundstedt, has been appointed to an advisory role on Sweden’s National Innovation Council.

As an advisory role, Lundstedt will be tasked with helping to advance Sweden as a country of innovation and strengthening Sweden’s competitiveness.

“I would like to bring insights into the challenges the Volvo Group faces as one of the world's largest manufacturers of commercial vehicles,” Lundstedt told the Prime Minister's Office of Sweden.

“Although most of our research and development takes place in Sweden, the Volvo Group is a global company with production in 18 countries and sales in over 190 markets. We operate in an industry that is facing a major transition and in which the demand for innovation is very high.

“To be competitive, we must constantly develop new innovative transport solutions and business models, and we must advance the development of future production.”

The National Innovation Council meets four times a year and is chaired by the Prime Minister.  The council further consists of five ministers and ten advisory members from the business and research sectors.

Lundstedt has served as Volvo Group’s President and CEO since 2015, after moving over from Scania. He holds an MSc in Engineering.

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