Volvo Cars to open new 700-job tech hub in Stockholm

Volvo Autos is increasing its existence in Stockholm by investing in a tech hub in the centre of Sweden’s funds, generating a workspace for 700 persons proficient in software engineering, data science and analytics, product or service administration, on the web business enterprise and user knowledge.

The tech hub is an expansion of the automaker’s present downtown Stockholm place and will make on the company’s established competence in on-line income and program product or service progress, which are crucial target regions for the corporation in its ongoing transformation. The enlargement will assistance Volvo Cars’ strong expansion, as perfectly as its mid-10 years ambitions to provide at minimum 50 % of all its cars online and to establish at least 50 percent of all software package in-residence.

Volvo Cars and trucks aims to entice hundreds of staff from all about the entire world to its tech hub. As the house and birthplace of many globally profitable billion greenback tech businesses, Stockholm has an worldwide attraction to the world-wide tech scene.

“People with the ideal competence and values make the difference for our ambitions, and which is why we’re setting up our new tech hub in Stockholm,” claimed Hanna Fager, head of company features at the automaker. “Stockholm is a incredibly hot place for tech talents, and we want to produce an progressive, inventive and collaborative place of work to entice individuals from all-around the environment. The process has presently started and we’re at this time searching for new team customers who can assist push our company ahead.”

Volvo Cars’ go to on line sales is integral to its purpose of becoming a chief in the fast-increasing premium electric powered phase with millions of direct client associations. The concentrate on on-line income and direct associations contains building a simplified and easy system for ordering a Volvo auto, with clear pricing, distinct products details and clarity on delivery moments.

“Beyond earning our automobiles safer by technology and much more sustainable by means of electrification, we want to basically modify motor vehicle possession to be much more personal by a earth-top purchaser expertise,” claimed Henrik Green, Main Product Officer at Volvo Automobiles. “That’s why we are investing in item and tech, and increasing in Stockholm to accessibility the prosperity of talent in all the things from item management to software program engineering and person encounter.”

Volvo Vehicles is taking its software advancement in-household, both of those to get to its online aims and due to the fact automobiles are more and more outlined by software program fairly than classic automotive characteristics. To build the best software program-described cars and to definitely gain from creating program in-dwelling, the company is also centralising computing inside its fully electric powered cars and trucks into a potent main procedure. This will help the goal to proceed to introduce new application and options to buyer vehicles by means of over the air updates.

The tech hub workspace will be renovated and modernised later this year, and will also serve as the foundation for the company’s organizations in the broader Stockholm region.