Construction facing frantic five years, says Volvo CE

By Steve Ducker15 June 2022

Volvo Construction Equipment (CE) president Melker Jernberg believes the construction industry will face more change in the next five years than it did in the previous half-century.

Melker Jernberg 2 Melker Jernberg at Volvo Days. (Photo: D&Ri magazine)

Speaking at the company’s Volvo Days event for customers dealers and the media – appropriately titled “Change starts here”, he said: “A lot of things are ongoing in our company just now, with innovations, new machines and new services.

“In the next five years we will see more change in our industry than the past 50. I underestimated the speed of change of innovation.

“Construction is a conservative industry, but we need to do something different and we already are. And the biggest challenge of the day is achieving net zero value chain emissions by 2040.

“In 2015 – across all industries – there were 116 companies with public science-based targets. Now there are 2,446.”

Volvo now has more than 300 electric machines in the field, having taken its first steps with the L25 electric wheeled loader and ECR25 compact excavator at the Bauma trade show in Germany three years ago.

“Now it looks obvious,” said Melker.

“But at the time we had no idea of the market, of customers, volumes, prices, costs. We went to the board with nothing but an ambition to take the lead in this change.”

Melker also paid tribute to the company’s employees for their efforts during the Coronavirus pandemic.

“The past two to two and a half years have been a tough period for all of us, of course. We have faced very big challenges on supply side. We have battled that for some time; it has been constant crisis management.

“My view of our organisation is that it is totally fantastic. It is unbelievable how anyone can manage something like this for such a long time.

“Then we have the catastrophic and human tragedy of the war in Ukraine just as we thought everything was going to get better.

“So Volvo Days is very important to demonstrate our transformation and what we are doing for the company and for the future of our industry.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
New partnerships expands Easy Lift revenue
Spider lift producer points to succesful dealer partnerships and continued growth in Italian rental market 
REIC seals Illinois acquisition
Rental company signs deal for dehumidification and heating specialist
Palazzani ups capacity and working areas
Models see overhaul of capacities and new stabilisation system 
CONNECT WITH THE TEAM
Ollie Hodges Publisher Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com
Belinda Smart
Belinda Smart Editor Tel: 44 (0)1892 786209 E-mail: belinda.smart@khl.com
CONNECT WITH SOCIAL MEDIA