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1、Geared for GrowthVolvo GroupAnnual Report 2022ContentThe Volvo Group drives prosperity through transport and infrastructure solutions,offering trucks,buses,construction equipment,power solutions for marine and industrial applications,financing and services that increase our customers uptime and prod
2、uctivity.Founded in 1927,the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions.The Volvo Group is headquartered in Gothenburg,Sweden,employs 102,000 people and serves cus tom ers in almost 190 markets.In 2022,net sales amounted to SEK 473
3、billion(EUR 44.5 billion).Volvo shares are listed on Nasdaq Stockholm.Shaping the world we want to live inEvery day the Volvo Groups products deliver food and medicine,take children to schools,power irrigation systems and construct roads and buildings.The majority of the Volvo Groups customers are c
4、ompanies within the transportation or infrastructure industries.The reliability and productivity of our products and services are a key factor in their success and profitability.Climate change,population growth and increasing urbanization are shifting the landscape and expectations on transport and
5、infra-structure.In all our actions,we must consider how to reduce climate impact,use the worlds resources more efficiently,and conduct business more responsibly.Together with our customers and supply chain partners,govern-ments,societies and other stakeholders,we are moving quickly to develop and in
6、troduce transport and infrastructure solutions that aim to reach our sustainability targets.Driving prosperity socially,environmentally and financially means that we strive towards our vision of transport and infrastructure solutions that are 100%fossil-free,100%safe and 100%more productive.In this