Volvo Cars establishing mobility innovation hub in Sweden 

Volvo Cars announced plans for a new Mobility Innovation Destination near its headquarters in Torslanda, Sweden. The tailored test bed will develop technologies like wireless charging, bi-directional grid integration and autonomous driving in a city-like environment.

“We aim to create an ecosystem progressing future mobility – vehicles, in-car technology and infrastructure – hand in hand,” said Volvo CEO Jim Rowan. The ambition is pioneering solutions, attracting talent and connecting with partners.

The upcoming expansion on Volvo’s Gothenburg campus will also house startups, suppliers and collaborators. New offices are slated to begin construction in the second quarter of 2024, supporting Volvo’s strategic electrification and sustainable mobility goals.

The initial 25,000 square meter wood hybrid facility aims for a 15% lower carbon footprint over traditional builds. It should finish in 2026 to mark Volvo’s centennial anniversary.

Volvo will also partner with the city on an emission-free transport zone showcasing new vehicle and infrastructure tech by 2030. This strengthens ties between regional innovation hubs.

“Together with our software testing center and other sites, this establishes a crucial innovation network,” said Lars Backstrom, Volvo’s head of R&D. Centered in Sweden, it spans the globe, combining expertise to shape the future of mobility.