Volvo doubles down on data with telematics
Volvo Construction Equipment (CE) is putting data at the heart of its decarbonisation efforts as it invests in advanced telematics and beefs up its carbon footprint reporting. Volvo Group has purchased a 22 per cent ownership stake in VizaLogix, a software-as-a-service (SaaS) company that specialises in vehicle telematics and data collection. In addition to providing real-time machine monitoring and enhanced technical support capabilities, the telematics data will help to inform the industry’s most extensive catalogue of Product Carbon Footprint (PCF) reports – making it easier for customers to take active steps to reduce their environmental impact.
“VizaLogix provides brand-neutral SaaS solutions that are easy to integrate and use, helping fleets, dealers and OEMs make smarter decisions,” said Scott Young, head of region North America, Volvo, in a statement. “Volvo recognises that services are growing to be just as important to fleets as their machines, and our investment in VizaLogix extends our commitment. It’s by combining the right machine with the right services that users get the best solution for their needs.”
The PCF reports released by Volvo confirm that electric machines are a more sustainable choice compared to conventional, diesel-powered machines (which, it should be noted, Volvo also sells — and at a higher per-unit profit than EVs). The reports look at a vehicle’s greenhouse gas emissions throughout its projected life cycle, and cover all steps from the extraction of raw materials, component manufacturing and machine assembly, through to battery recycling and end-of-life salvage. The principles of the methodology are based on both the global ISO standard for life cycle assessment and the greenhouse gas protocol.
“Customers are now rightly looking with absolute scrutiny at carbon performance – on a par with other considerations like cost and quality,” says Rickard Alm, Head of the Life Cycle Assessment (LCA) program at Volvo CE. “With our product carbon footprint reports, we are making it easier to have quick access to the information needed and enabling them to act on their decarbonisation ambitions.”
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