Volvo CE invests in electric wheeled loaders

By Catrin Jones23 January 2023

Milestone investment in electric wheeled loaders (Photo: Volvo CE)

Volvo Construction Equipment (Volvo CE) has invested US$6.3 million into new facilities at the Arvika factory in Sweden to allow the OEM to accelerate the production of electric wheel loaders.

The announcement comes as part of an investment strategy that allows Volvo CE to advance electric solutions across its production facilities, including the Konz facility in Germany, Belley in France and Changwon in South Korea, where other electric machines are made.

With the company’s investment, Arvika will erect a new building that will allow the facility to free up areas inside its assembly factory to be able to build electric wheeled loaders.

Volvo CE says that it has not yet been announced which models will begin their electric transformation and exactly when, but the hope is that the factory will produce reliable mid-size and larger electric wheeled loaders.

Building work is set to begin later this year with further announcements on when production will begin announced soon.

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
CTE strengthens services in Spain
New sites in Barcelona and Madrid includes deal with lonstanding service provider in the country 
Bobcat opens Atlanta distribution center
Second facility to open from the company in recent months
Manitou reports record 2022
France-based group sees 54% revenue rise in Q4 but confirms continued supply and inflation pressures 
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