The development history of Volvo's power generation business can be introduced from the following aspects: 1. Origin and early exploration: Volvo Group started in 1927, and the founders were Assar Gabrielsson and Gustaf Larsson. In its early development stage, Volvo began to get involved in the power generation field to provide power solutions for its commercial vehicles. 2. Technical breakthrough stage: Volvo has continuously made breakthroughs in engine technology, power generation efficiency improvement, energy conservation and emission reduction. For example, Volvo launched an efficient diesel generator set, adopting advanced combustion technology and turbocharging system, improving power generation efficiency and reducing emissions. 3. Product line expansion: Volvo's power generation products have gradually become rich and diverse, including generator sets of different powers and fuel types. In addition to traditional diesel generator sets, Volvo has also launched natural gas generator sets, biogas generator sets, etc., to meet the needs of different customers. 4. Global market expansion: Volvo has expanded its power generation business to all over the world and established sales and service networks in different countries and regions. Its generator sets are widely used in industries, commerce, ships, data centers and other fields. 5. Response to industry changes: With the energy transition and the improvement of environmental protection requirements, Volvo actively responds to industry changes. For example, Volvo has increased its R & D investment in renewable energy and launched hybrid and electric generator sets to reduce dependence on traditional fossil fuels. 6. Integration with other fields: Volvo's power generation business is integrated with smart grids, energy station.