Volvo Group to produce battery modules by 2025

In News, Volvo1 MinutesBy NZ Trucking magazineOctober 28, 2022

In 2025, Volvo Group will start to produce battery modules at its truck plant in Ghent, Belgium, by 2025.

To date, partners supply both cells and modules to the Volvo Group.

The company said the investment decision to install battery module manufacturing capacity in Ghent is another important step to shape its future value chain for battery systems. The battery module manufacturing line in Ghent will be able to use battery cells both from partners and from the planned battery cell plant in Sweden.

The building is expected to be 12,000m2 and be located at the Volvo Group manufacturing site. The new high-tech module factory will consist of an almost fully automated process with robots. The investment frame for this first step of module manufacturing is €75 million (NZ$128 million).

The Volvo Group truck assembly plant in Gothenburg, Sweden, is already building heavy-duty electric trucks as the first global manufacturer in the world. In the second half of 2023 the plant in Ghent will also start to produce battery electric heavy-duty trucks. The battery packs needed to power these electric trucks are built in the Ghent plant. Volvo Group’s ambition is that at least 35% of the vehicles sold worldwide will be electric by 2030.