Volvo Group announces large-scale battery factory in Sweden to support electric truck production

Trending 1 week ago 4

The Volvo Group announces that it has started moving connected having a large-scale artillery mill successful Sweden to enactment its enlargement of electrical trucks, electrical buses, and electrical operation instrumentality production.

The Volvo Group is not to beryllium confused with Volvo Cars, which has been owned by China’s Geely for implicit a decennary now.

The radical is independent, and it produces trucks, buses, and operation equipment.

Over the past fewer years, it has emerged arsenic a person successful the electrification of those segments with products similar the VNR Electric truck, the Volvo FL Electric, the Volvo 7900 Electric Articulated bus, and adjacent electrical operation instrumentality similar its ECR25 Electric compact excavator.

Now the institution aims to present these products successful ample volumes, but it is going to request a batch of batteries to bash that since those are each heavy-duty vehicles and machinery.

Today, The Volvo Group announced a caller artillery mill coming to Sweden:

To conscionable the increasing request for artillery electrical heavy-duty vehicles and machines, the Volvo Group has initiated the process to found a large-scale accumulation works for artillery cells successful Sweden.

Martin Lundstedt, president and CEO of the Volvo Group, commented connected the announcement:

We purpose to pb the modulation to a decarbonized transport strategy and person the semipermanent ambition to connection our customers solutions that are 100% fossil free. There is simply a beardown request from our customers already today, and by 2030, it is our ambition that astatine slightest 35% of the products we merchantability are electric. This ramp-up volition necessitate ample volumes of high-performing batteries, produced utilizing fossil escaped vigor and it is simply a logical adjacent measurement for america to see artillery accumulation successful our aboriginal concern footprint. We purpose to bash this unneurotic with partners and the travel starts now.

The tract of the mill is babelike connected permitting and nationalist consultation, but Volvo radical is presently evaluating a tract successful Mariestad successful the Skaraborg portion successful Sweden.

The institution aims to execute large-scale accumulation by 2030 with cells specifically designed for its commercialized vehicles:

The Volvo Group plans to gradually summation capableness and scope large-scale bid accumulation by 2030. The artillery cells volition beryllium designed specifically for commercialized conveyance applications, supporting the planetary roll-out of electrical trucks, buses, operation instrumentality and electrical drivelines for antithetic applications.

Volvo didn’t uncover the planned output successful gigawatt-hour of the caller factory.

FTC: We usage income earning car affiliate links. More.

Subscribe to Electrek connected YouTube for exclusive videos and subscribe to the podcast.

More