Technological cooperation

In December 2010, AB Volvo Penta signed an agreement with Japanese Yamaha Motors pertaining to technological cooperation for the development of electronic steering systems for boats. Through the cooperation agreement with Yamaha Motors, conditions will be created for technical synergies and additionally strengthen the customer offering to boatyards in the increasingly important electronic area.

The cooperation will initially be based on Volvo Penta’s existing technology, but the companies aim to evaluate the possibility of cooperating in other areas as well.