Volvo is set to invest SEK 10 billion (around $110,000,000 USD) in its Torslanda manufacturing plant outside Gothenburg.
The company will introduce a number of new and more sustainable technologies and manufacturing processes in the plant. These include the introduction of mega casting of aluminium body parts, a new battery assembly plant, and fully refurbished paint and final assembly shops.
“With these investments, we take an important step towards our all-electric future and prepare for even more advanced and better electric Volvos,” says Håkan Samuelsson, Chief Executive of Volvo Cars.
“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.”
Mega casting of aluminium body panels is the most significant part of the investment package, according to Volvo. Mega casting involves moulding a section of a vehicle with as many components built into the panel as possible. This reduces complexity when it comes to the main assembly. Tesla, for example, has been using mega casting on its latest car, the Model Y SUV.
The new casting technique also reduces weight, in turn improving the efficiency of the car. It also allows designers to more optimally use the space inside the cabin and luggage area, improving the usability of the car.
Mega casting also saves money in material use and logistics, thereby reducing the overall environmental footprint across the manufacturing and supply chain networks.
The paint shop upgrades include the installation of new machinery and processes designed to reduce energy consumption and emissions.
A new battery assembly plant will integrate cells and modules in the floor structure of the car, while the assembly shop is being refurbished for the accommodation of the company’s new EVs.
The logistics area will be refurbished, improving material flow and the movement of goods 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.
“Today is a great day for the Torslanda plant because we are making it fit for the future with this investment package,” says Javier Varela, Head of Engineering and Operations at Volvo Cars.
“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.”
This new investment follows last week’s announcement that Volvo and Northvolt are set to build a new battery plant outside Gothenburg.
Keyword: Volvo Invests More Than $100 Million to Upgrade Torslanda Plant