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Volvo Trucks opens battery plant in Belgium

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Volvo Trucks has inaugurated its first battery assembly plant in Ghent, Belgium, dedicated to producing batteries for its electric heavy-duty trucks. This investment aligns with the company's goal to have at least 50% of its truck sales be electric by 2030 and achieve carbon neutrality by 2040. The plant will assemble battery packs from Samsung SDI, with production set to begin in Q3 2022. Volvo Trucks plans to offer six electric truck models, emphasizing shorter lead times and sustainability through remanufacturing and renewable energy usage.

Positive
  • Investment in battery assembly plant enhances supply chain.
  • Commitment to electrifying transportation with a target of 50% electric truck sales by 2030.
  • Sustainable practices through renewable energy and battery remanufacturing.
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GÖTEBORG, Sweden, May 17, 2022 /PRNewswire/ -- Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks' full electric heavy-duty trucks.

"This investment shows our strong commitment to electrifying truck transportation. By 2030, at least 50 percent of all trucks we sell globally will be electric and by 2040, we will be a carbon-neutral company," says Roger Alm, President of Volvo Trucks.

In the new battery plant, cells and modules from Samsung SDI will be assembled into battery packs that are tailor-made for Volvo Trucks´ heavy-duty electric range: Volvo FH, Volvo FM and Volvo FMX.  Series production starts in the third quarter of this year.

Shorter lead times and increased circularity

Each battery pack has a capacity of 90 kWh and the customer can choose to have up to six battery packs (540 kWh) in a truck. The number of batteries depends on each customer's specific range and load capacity demands.

"By integrating the battery assembly process in our production flow, we can shorten lead times for our customers and secure high-performing batteries, while at the same time increase circularity," says Roger Alm.

Volvo Trucks´ batteries are designed so that they can later be remanufactured, refurbished and reused. The plant itself is powered by 100% renewable energy.

Electric solutions for most transport needs

With production of three heavy-duty full electric models starting this year in Europe, Volvo Trucks will  offer a total of six electric truck models globally, covering everything from city distribution and refuse handling to regional transport and construction work.

"We started series-production of electric trucks already in 2019 and are leading the market both in Europe and North America. With the rapid development of charging networks, and improvements in battery technology, I am convinced that we will see a rapid transformation of the entire truck industry in the very near future," says Roger Alm.

May 17, 2022

For further information, please contact:
Jan Strandhede
Media Relations Director, Volvo Trucks
jan.strandhede@volvo.com
+46 31 323 3715, +46 765 533715

Link to high resolution images

Press images and films are available in the Volvo Trucks image and film gallery at http://images.volvotrucks.com.

Volvo Trucks supplies complete transport solutions for discerning professional customers with its full range of medium- and heavy-duty trucks. Customer support is provided via a global network of dealers with 2,200 service points in about 130 countries. Volvo trucks are assembled in 13 countries across the globe. In 2021 approximately 123,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The group also provides complete solutions for financing and service. Volvo Trucks' work is based on the core values of quality, safety and environmental care.

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SOURCE AB Volvo

FAQ

What is the significance of Volvo Trucks opening a battery plant in Belgium?

The new battery plant in Ghent, Belgium, supports Volvo Trucks' electrification goal, allowing for faster production and assembly of batteries for electric heavy-duty trucks.

What are Volvo Trucks' targets for electric truck sales?

Volvo Trucks aims for at least 50% of its truck sales to be electric by 2030, with a long-term objective of carbon neutrality by 2040.

When will production at the new battery plant start?

Series production at the new battery assembly plant is set to begin in the third quarter of 2022.

How many electric truck models will Volvo Trucks offer?

Volvo Trucks will offer a total of six electric truck models, ranging from city distribution to construction work.

What technology will be used in Volvo Trucks' battery packs?

The battery packs will be assembled from cells and modules sourced from Samsung SDI, designed for high performance and sustainability.

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