"Truck accidents have become a major part of all traffic accidents in China. There's a lot of room for improvement," Cen said.
As companies tackle logistical bottlenecks and improve services, e-commerce is creating demand for high efficiency vehicles with smarter technology, said Lundstedt.
Logistics is a key challenge for companies like Alibaba and JD.com especially during shopping events such as the last weekend's Single's Day shopping festival.
Postal and courier companies handled at least 331 million packages on November 11, but that number only represents some of the 850 million orders placed that day.
JD.com has already tested out new technology to improve deliveries. Richard Liu, JD's CEO, said in a conference earlier this year that the company intends to use drones and driverless trucks for deliveries.
Fully autonomous commercial vehicles which can operate in complex environment such as city centers are still some way off, Stenqvist said, but lower level of automation could always help.
China is putting great emphasis on the development of its own autonomous vehicles industry, with the government setting up industry standards, according to Zhou Wei, chief engineer with the Ministry of Transport.
"Self-driving vehicles will improve safety and efficiency, so we'll definitely support them," Zhou said.
While e-commerce is potentially a game-changer for Volvo Group, Lundstedt said the company could also benefit from the country's overall transformation into an innovation-driven and sustainable economy.
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