Volvo will add its third technology hub in roughly a year as CEO Jim Rowan makes in-house software development a top priority.
"I'm driving this hard," Rowan told Automotive News Europe. "The big differentiators as we move toward next-generation mobility are software and silicon."
He said one of his key jobs as Volvo CEO is to decide "what do we build and what do we buy."
Volvo will buy silicon, or microchips, from specialists such as Nvidia and Qualcomm, while "software is at the very epicenter of what we build."