Volvo CE Inaugurates New Facilities

Volvo CE has announced the inauguration of new facilities at its plants in Changwon, South Korea and Braås, Sweden to support its strategy to offer more sustainable solutions to its customers and meet its ambitious sustainability commitments.

An investment totaling SEK 440 million ($40.5 million) has been used to develop its facilities in Changwon and Braås. Kamel Sid, Head of Operations at Volvo CE, said: “The investment in our facilities is an important part of our strategy to drive the transformation towards more sustainable solutions and to help us meet our Science Based Target commitments. We have an ambition to be fossil-free and for 35% of our machine sales to be electric by 2030, so investing in our facilities is another important step on our electrification roadmap.

Volvo CE say it is also committed to investing in its facilities to reduce their environmental impact and has a target to cut emissions across its own operations, facilities, and manufacturing processes by half by 2030. Braås was the first in the construction industry to achieve a carbon neutral operation powered entirely by renewable energy, whilst in Changwon the installation of solar panels will be completed and providing renewable energy by late August this year.

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