Volvo invests in electric loader factory

VolvoConstruction equipmentVolvo CE has invested approximately US$6.3 million in its Alvika plant in Sweden. The facility manufactures medium and large wheeled excavators.Loaderand will add a new building to introduce new models in phases.Electric wheel loader。

The company stated that this investment signifies Volvo Construction Equipment's commitment to providing more sustainable solutions for customers across all product lines.SolutionsIts investment strategy enables Volvo Construction Equipment to advance electric solutions within its production facilities.

The new facility, spanning approximately 1,500 square metres, will enable the factory to free up space within the assembly plant for the construction of electric wheel loaders. The company has not announced which models will undergo electrification or when this will commence, but stated that production of electric wheel loaders and more conventional wheel loaders equipped with internal combustion engines will currently take place on the same assembly line.production lineContinue above.

Site Manager Mikael Liljestrand stated in a declaration: “This is a clear signal of our commitment to building the world we wish to inhabit.” “It has been over forty years since we last invested in new construction. What better reason could there be now than to invest in our future, our planet, and the next generation? We recognise this is not only vital for our clients and stakeholders, who hold us to high standards, but we are also delighted to participate in the greater endeavour of shaping our future.”

Volvo Construction Equipment has launched the compact electric wheel loaders L20 Electric and L25 Electric.

Construction work will commence later this year, with further announcements to be made regarding the commencement of production.