202January 15, 2025,VolvoConstruction Equipment's Shanghai plant in China completed the construction of its brand-new assembly workshop project. This move marks an important step forward for Volvo Construction Equipment in advancing business integration and innovation upgrades, demonstrating its determination to deepen its presence in the Chinese market and its long-term commitment to sustainable development.

Volvo Construction Equipment Shanghai Plant in China

Since entering the Chinese market in 2002, Volvo Construction Equipment has consistently upheld the philosophy of win-win cooperation and common development as the core theme of its business development in China. At the inauguration ceremony of the new workshop, Mr. Xie Song, President of Operations for Volvo Construction Equipment China, expressed deep gratitude to the Shanghai Pudong New Area and the Jinqiao Economic Development Zone for their careful attention and strong support for the company's development over the years. He emphasized that China's continuously improving business environment and fair and orderly market mechanisms provide a solid guarantee for enterprises to take root and develop steadily in Pudong Jinqiao, Shanghai. The comprehensive upgrade of the new workshop fully leverages China's well-established industrial system, not only consolidating Volvo Construction Equipment's competitiveness in the global market but also further driving the Chinese construction equipment industry toward high-quality development.

Xie Song, President of Operations for Volvo Construction Equipment China

Mr. Tomas Kuta, Head of Volvo Construction Equipment Region Asia, praised the partnership between Volvo Construction Equipment and the local community as a successful example of industry, government, and citizens working together to achieve common goals. He reaffirmed Volvo Construction Equipment's China strategy, explicitly stating the commitment to building the Shanghai plant into an internationally competitive production center that provides high-quality products and innovative sustainable solutions to the global market to drive the industry's green transformation.

Tomas Kuta, Head of Volvo Construction Equipment Region Asia

Currently, the Shanghai plant's products include compact crawler式excavators, medium andlarge crawler excavators, and wheel loaders, covering both conventional and electric products, with plans to further expand into local production of core components in the future. The launch of the new workshop will greatly enhance production efficiency, with an additional capacity of 1,200 units for electric loaders and 1,000 units for compact excavators. Notably, the first L120 electric loader from the new production line was successfully launched in 2024, and the EC230 electric excavator will also be officially introduced this year. These new products will further expand Volvo Construction Equipment's electric product portfolio to meet the growing demand for electric machinery in the construction industry, reducing carbon footprint while providing customers with more competitive pure electric solutions. In its global market layout, Volvo Construction Equipment leverages the technical advantages of its Jinan R&D Center as well as local production capacity and supply chain advantages, striving to extend China's industrial system to other global markets and comprehensively meet the needs of both domestic and global customers.

New Workshop Tour

In advancing its sustainable development transformation, Volvo Construction Equipment has set long-term goals of "100% safety, 100% fossil-free, and 100% productivity increase," leading the industry direction with green transformation. As a pioneer practitioner of this goal, the Shanghai plant's new workshop integrates resource conservation and environmental protection throughout its entire business development process. Starting from the three innovation dimensions of electrification, automation, and connectivity, it continuously optimizes production processes and significantly reduces energy consumption and emissions. By reducing the use of material packaging and promoting measures such as reusable racks, the new workshop continuously improves operational efficiency and reduces resource waste. In addition, the Science Based Targets (SBT) working group regularly tracks project progress to steadily advance energy conservation and emission reduction efforts, achieving remarkable results. In October 2024, the Shanghai plant successfully obtained "Zero Waste to Landfill" certification for its outstanding environmental performance, becoming a benchmark model in the field of sustainable development.

New Workshop Inauguration Ceremony

Volvo Construction Equipment will take the new workshop, new products, and new technologies as a new starting point, joining hands with local supply chain and technology partners to continue driving innovation and green development, continuously advancing business upgrades, and serving domestic and global markets with more competitive products and total solutions, helping the industry move toward a more sustainable future.