Volvo Group readies plan for large-scale battery cell plant in Sweden

An extensive site localization study has been done, which indicates that the Skaraborg region in Sweden is an ideal location for the plant.

Autocar Pro News Desk By Autocar Pro News Desk calendar 03 Aug 2022 Views icon3254 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has initiated the process to establish a large-scale production plant for battery cells in Sweden.

“We aim to lead the transition to a decarbonized transport system and have the long-term ambition to offer our customers solutions that are 100% fossil free. There is a strong demand from our customers already today, and by 2030, it is our ambition that at least 35% of the products we sell are electric. This ramp-up will require large volumes of high-performing batteries, produced using fossil free energy and it is a logical next step for us to include battery production in our future industrial footprint. We aim to do this together with partners and the journey starts now,” says Martin Lundstedt, President and CEO of the Volvo Group.

An extensive site localization study has been done, which indicates that the Skaraborg region in Sweden is an ideal location for the plant. The proposed site in the municipality of Mariestad is situated close to the Volvo Group’s current main powertrain plant in Skövde and will benefit from the region’s existing industrial and logistics infrastructure and build on a strong heritage and world-class competence in advanced, high-volume manufacturing, while having access to Sweden’s rich supply of fossil free energy. The Volvo Group’s R&D centers and headquarters in Gothenburg are only two hours away.  

The Volvo Group plans to gradually increase capacity and reach large-scale series production by 2030. The battery cells will be designed specifically for commercial vehicle applications, supporting the global roll-out of electric trucks, buses, construction equipment and electric drivelines for different applications.

 

RELATED ARTICLES
Elektrobit reveals role in Sony Honda’s software-defined prototype EV

auther Autocar Pro News Desk calendar07 Feb 2023

Cockpit computers and displays powered by Elektrobit software and integrated by Elektrobit engineering services enable n...

Continental’s minimalistic vehicle cockpit concept wins gold at German Design Award 2023

auther Autocar Pro News Desk calendar07 Feb 2023

Reduced design in the Luxury Minimalism Concept wins top honours; innovative display solutions such as 5K Natural 3D Dis...

Mobility business delivers highest sales growth for Bosch in 2022

auther Autocar Pro News Desk calendar07 Feb 2023

Bosch recorded total sales revenue of 88 billion euros in 2022, up 12%, of which the Mobility Solutions business account...