Volvo Autonomous Solutions is targeting fully driverless highway operations in the United States by the first quarter of 2027, and aims to approach approximately $3 billion in autonomous revenue within five years, the company announced at the Volvo Group Capital Markets Day on June 10, 2026.
The event, held at Volvo Construction Equipment's Customer Center in Eskilstuna, Sweden, saw President and CEO Martin Lundstedt and Group Management lay out a broader strategy focused on strengthening earnings resilience, accelerating growth, and driving shareholder return. Volvo said the targeted autonomous revenue would be accretive to the Group's operating margin.
Nils Jaeger, president of Volvo Autonomous Solutions, described the Q1 2027 milestone as the company's driverless launch. "In Q1 next year, we will have trucks on open roads without a human in the cab," Jaeger said. He added that Volvo plans to expand to more customers through the year and expects to have more than 300 autonomous trucks operating on U.S. highways by the end of 2027, with industrial scaling beginning in 2028. According to the company's event presentation, those trucks will operate primarily across the U.S. Sunbelt.
Jaeger said autonomous trucks can roughly double vehicle utilization by operating beyond the hours-of-service rules that limit how long human drivers can work, and pointed to the broader acceptance of autonomous vehicles as a catalyst. "I think the robotaxis are actually paving the way for autonomous trucking," he said. "But I believe actually that the deployment curve for autonomous trucking will be steeper, and it will go faster."
The move marks the end of Volvo Autonomous Solutions' testing phase and a shift toward commercial scaling. The company, established in 2019, currently operates commercially in Texas with safety drivers aboard, moving freight on routes including Dallas to Houston, Fort Worth to El Paso, and most recently Dallas to Oklahoma City, in partnership with technology firm Aurora Innovation.
In a trading update at the same event, Volvo Group CFO Mats Backman said business activity remained solid. He noted that customer demand and deliveries were stable in Europe, while demand in North America remained strong with production gradually increasing. Backman also said cost inflation was trending upward.
The Volvo Group, founded in 1927 and headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets.
Image credit: Volvo Autonomous Solutions / Volvo Media Hub
Source: Volvo Group Capital Markets Day press release and event remarks, June 10, 2026.