Volvo Cars to invest SEK10 billion to upgrade Torslanda plant

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Volvo Cars has been ramping up its efforts to reach its goals in automotive safety and sustainability. Yesterday, the Swedish carmaker announced that it will invest 10 billion Swedish kronas (SEK) in the coming years to upgrade its manufacturing plant in Torslanda.

KEY TAKEAWAYS

  • How much is Volvo investing in its Torslanda plant?

    Volvo Cars will be investing 10 billion Swedish kronas (SEK) to upgrade its Torslanda plant.
  • What upgrades are planned for the facility?

    Planned upgrades include mega casting, a new battery assembly plant, a fully refurbished paint section, and final assembly shops.
  • The investment, according to Volvo, is in preparation for the production of the company’s next generation of fully electric cars. In addition, the automotive brand plans to introduce a number of new and more sustainable technologies and manufacturing processes in the plant.

    “Today is a great day for the Torslanda plant because we are making it fit for the future with this investment package. Our future as a company is all-electric and that requires a variety of upgrades across the plant to ensure that Torslanda can continue to build premium electric cars of the highest quality,” said Volvo Cars Head of Engineering and Operations Javier Varela.

    As part of the plant upgrade, the Torslanda facility is being prepped for work on mega casting, a process that will benefit the factory in terms of cost and sustainability.

    volvo-mega-castingvolvo-mega-casting-1

    In addition, Volvo cars equipped with components made using this process will ultimately be lighter, which in turn improves the energy efficiency and thereby the range of the electric vehicle. It also allows Volvo designers to optimize the available space inside the cabin and trunk area.

    Volvo also plans to improve the Torslanda plant’s paint shop by installing new machinery to support the ongoing reduction of paint shop energy consumption and emissions.

    Likewise, the factory’s logistics area will also be refurbished to improve material flow and optimize the transport of goods and parts into the plant.

    The company will also invest in facilities around the plant such as break areas, locker rooms, and offices that further improve the working environment for all employees.

    “With these investments, we take an important step towards our all-electric future and prepare for even more advanced and better electric Volvos. Torslanda is our largest plant and will play a crucial role in our ongoing transformation as we move towards becoming a pure electric car maker by 2030,” said Volvo CEO Håkan Samuelsson.

    Photos from Volvo

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