Executive Summary · For Volvo CE
Hive × Volvo CE

Physical AI,
deployed through
your brand.

Hive is building a general-purpose AI model that learns to operate any industrial machine. A single intelligence layer trained across machine types, sites and conditions. Four live deployments on Volvo L-series wheel loaders today. Not a concept. Not a roadmap.

01One model, every machine
02Fully packaged service
03Human-in-the-loop
04Retrofit, not replacement
The Business Case

Physical AI becomes the reason customers choose Volvo.

Two ways this partnership grows your market. One makes you sell more machines. The other opens a market you have never had access to.

01
Sell more machines

Physical AI makes Volvo the profitable choice.

The Volvo dealer puts supervised physical AI on the table. A differentiator no competitor can match on spec alone. For electric machines (50-75% price premium), physical AI increases utilization and compresses operating cost, making the economics of electric work. Two strategic priorities at once.

02
Enter the labor market

A new revenue stream 2-3x larger than machine sales.

Volvo CE generates ~$8.5B per year selling machines. The operator labor market for those same machines is $17-25B per year. Through Hive, Volvo takes a direct share of that cashflow. Yearly recurring revenue that compounds as the installed base grows.

$8.5B
Volvo CE revenue today
$17-25B
Operator labor market
(Volvo machine fleet)
Hive gives Volvo
direct access to
this market
Proposed Next Steps

To get this partnership up and running from Q3, we need a signed term sheet before end of May.

Volvo has signalled they want this operational from Q3 2026. Here is the shortest path to make that happen.

  1. 01Executive alignment session 60 minutes, Hive founders and Volvo CE leadership. Confirm appetite for a preferred partnership and agree on scope.
  2. 02Term sheet Agree commercial terms for the partnership. Target: signed before end of May.
  3. 03Eskilstuna showcase Deploy a Hive physical AI kit on a Volvo reference machine. Make the capability visible to Volvo customers visiting Eskilstuna.
  4. 04Joint pilot selection Pick 2-3 customers from Volvo's own base in the Nordics. Test the joint sales structure. Define joint KPIs.
Hive Autonomy
Christoffer Jorgenvag
Co-founder. CEO
Fredrik Bringager
Co-founder. CCO
Ronny Azimi Liverod
VP Heavy Machinery
Kristiansand. Oslo. London
hiveautonomy.no
Volvo CE Executive Summary. v2. 2026-04-16