Volvo CE investing $6.3M in Arvika factory for production of electric wheel loaders
Volvo Design Tools (Volvo CE) will make investments SEK 65 million ($6.3 million) into the creation of electric wheel loaders from its plant in Arvika, Sweden. The Arvika factory specializes in the creation of medium and substantial wheel loaders and has currently been successful in driving down its carbon emissions.
A milestone in the company’s ambition to be solely fossil cost-free by 2040, the go will also go a very long way to satisfying Volvo CE’s aim for 35{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} of devices sold to be electrical by 2030.
The financial commitment from Volvo Group will allow the Arvika factory in Sweden to grow its facilities with a new making and permit for the phased introduction of new electric wheel loaders.
Information of the investment decision came quickly immediately after an announcement to spend in electric powered haulers from the company’s generation facility in Braås, Sweden. These announcements are component of an expense method that makes it possible for Volvo CE to advance electrical methods across its generation amenities, including also the Konz facility in Germany, Belley in France and Changwon in South Korea, wherever other electrical equipment are produced.
Volvo CE has already productively introduced compact electric powered wheel loaders to the world-wide industry with the L20 Electric and L25 Electric powered wheel loaders proving to be productive, zero-exhaust emission alternatives capable of driving down carbon emissions even though retaining substantial productiveness throughout a wide variety of shopper applications. Alongside one another with the ECR25 Electric, ECR18 Electric and EC18 Electric powered compact excavators and the mid-sizing EC230 Electric excavator, Volvo CE has just one of the greatest electrical ranges on the industry.
L25 electric powered wheel loader
With the financial investment, Arvika will erect a new making, around 1,500 sq m, which will let the facility to free of charge up parts inside of its assembly manufacturing facility to be able to create electric wheel loaders. Even though it has not however been announced which styles will start out their electric transformation and just when, production of both equally electric powered wheel loaders and extra regular wheel loaders equipped with combustion engines will continue on for now on the exact same output line.
Volvo CE will guarantee a phased introduction product by product, using into account all elements of the electric ecosystem as it does so, like infrastructure needs, charging alternatives, battery dealing with and enterprise designs.
Constructing get the job done is established to get started later this calendar year, with further announcements on when generation will start out to occur.
