Volvo Cars is expanding its presence in Stockholm by investing in a tech hub in the centre of Sweden’s capital, creating a workspace for more than 700 professionals skilled in software engineering, data science and analytics, product management, online business and user experience. The tech hub is an expansion of Volvo Cars’ current downtown Stockholm location, and will build on the company’s established competence in online sales and software product development.
The expansion will support Volvo Cars’ strong growth, as well as its mid-decade ambitions to sell at least half of all its cars online and to develop at least half of all software in-house.
Volvo Cars aims to attract hundreds of new team members from all over the world to its tech hub.
The focus on online sales and direct relationships includes creating a simplified process for ordering a Volvo car, with transparent pricing, clear product information and clarity on delivery times.
Volvo’s ambition is to become a fully electric car maker by 2030 and it’s committed to an ongoing reduction of its carbon footprint, with the ambition to be a climate-neutral company by 2040.
Hanna Fager, Head of Corporate Functions at Volvo Cars, says: “People with the right competence and values make the difference for our ambitions, and that’s why we’re establishing our new tech hub in Stockholm. Stockholm is a hot spot for tech talents, and we want to create an innovative, creative and collaborative workplace to attract people from around the world. The process has already started and we’re currently looking for new team members who can help drive our company forward.”
Henrik Green, Chief Product Officer at Volvo Cars, adds: “Beyond making our cars safer through technology and more sustainable through electrification, we want to fundamentally change car ownership to be more personal through a world-leading consumer experience. That’s why we are investing in product and tech, and expanding in Stockholm to access the wealth of talent in everything from product management to software engineering and user experience.”
Volvo Cars‘ production plants are located in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, Daqing and Taizhou (China). The company also has R&D and design centres in Gothenburg, Camarillo (US) and Shanghai (China).