New technology-focused investment move from Volvo

New technology focused investment move from Volvo


Announcing a new investment in technology systems in Stockholm, Volvo supports the electric transformation with such parts.

Gearing up in the electric transformation, Volvo announced that it has decided to expand its operations in Stockholm by investing in a technology center in the heart of the Swedish capital. The brand also creates jobs for over 700 professionals in the fields of software engineering, data science and analytics, product management, online business and user experience with this technology center. We see that the tech hub will be an extension of what Volvo is now located in downtown Stockholm. The center will build on its competence in online sales and software product development, which is crucial in the company’s ongoing transformation. Alongside growth, the expansion will support its goals for the first half of the next decade to sell at least half of all cars online and develop at least half of all software in-house.

1647086501 64 New technology focused investment move from Volvo

Volvo uses technology more actively as a sustainability supporter in the transition to electric

About the technology center speaking Hanna Fager, the brand’s Head of Corporate Functions; “People with the right competencies and values ​​are paramount to our goals. That’s why we’re establishing our new technology hub in Stockholm Stockholm is the beating heart of tech talent and we want to create an innovative, creative and collaborative workplace to attract people from all over the world. The process has begun and we are currently looking for new team members who can help move our company forward.

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Beyond making our cars safer through technology and more sustainable through the transition to electrification, we want to fundamentally change the concept of car ownership to be more personal through a unique consumer experience.” Henrik Green, Chief Product Officer at Volvo Cars, added: “That’s why we’re investing in products and technology and expanding in Stockholm to recruit specialized talent in everything from product management to software engineering and user experience.” made statements. Volvo continues to develop this need in-house, both to meet its goals online and as cars are shaped by more software than traditional automotive features.

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