New Autos

New Volvo starts building of a battery factory in Sweden

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In line with our consumers’ expectations and our objectives– by 2030 we desire a minimum of 35% of the items we offer to be electrical. This development will need big amounts of high-performance batteries produced utilizing fossil-free energy and is the next rational action to incorporate battery production into our future commercial footprint. We wish to do this together with our partners, and this journey begins today,” states Martin Lundstedt, President and CEO of the Volvo Group.

Advantages of factory area

An in-depth website study has actually been performed which reveals that the Skaraborg location is a perfect website for the brand-new plant. The proposed factory in Mariestad is close to the Volvo Group’s existing primary plant in Skövda, which will take advantage of the existing commercial facilities and devices and construct on a strong tradition and quality in premium, premium production. The Volvo Group’s R&D centers and head offices in Gothenburg are just 2 hours away.

The Volvo Group prepares to slowly increase performance and reach mass production by2030 The battery cells will be developed particularly for industrial vehicle applications, supporting the worldwide release of electrical trucks, buses, building devices and electrical drives for numerous usages.

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The facility of a production center goes through the approval of the appropriate authorities. The last place will be chosen after public assessment, and the operation will depend upon the ecological choice.

Volvo is devoted to fulfilling the growing need for batteries for heavy lorries and equipment, therefore the group has actually started building of a big battery cell production center in Sweden.

Group objectives

” Our objective is to shift to a leaner transport system. We have a long-lasting aspiration to supply our clients with 100% fuel-free options.

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