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Volvo Opens High-Tech Hub in Stockholm: A New Era of Innovation

Volvo Cars has officially opened its ‘Tech Hub’ in Stockholm, aimed at fostering a creative and collaborative work culture.

The new Tech Hub, located near the Volvo Studio in downtown Stockholm, spans over 7,500㎡ across two floors. It serves as a workspace for more than 700 employees skilled in software engineering, data science, and analytics, laying the foundation for Volvo’s extensive business and activities in Stockholm.

Stockholm is home to billion-dollar companies that have succeeded in the global market, offering an international appeal in the tech sector. This positioning is expected to facilitate interaction with numerous talented tech professionals.

Volvo Cars describes the Tech Hub as a new business foundation for a software-defined future. The automotive industry is rapidly changing, and Volvo aims to convert all its production models to pure electric vehicles by 2030. All next-generation electric vehicles, including the recently unveiled VOLVO EX90, will be powered by state-of-the-art computers. Over-the-air (OTA) software updates will gradually enhance vehicle performance over time.

Björn Anwall, Chief Sales Officer and Vice President of Volvo Cars, stated, “Volvo Cars is hiring hundreds of people in the fields of software and data to accelerate its electrification strategy and software transition,” adding, “Most of the new employees will work prominently in the newly opened Tech Hub.”

Hanna Fager, Head of Corporate at Volvo Cars, noted that “the new Stockholm Tech Hub is designed to promote creativity and collaboration.” She explained, “The building design, showcasing modern Scandinavian design elements, reflects Volvo’s brand strength and is set to become a contemporary and inclusive workplace where talents with diverse expertise can work together and collaborate.”

Meanwhile, the Tech Hub will utilize special furniture made from recycled vehicle materials as part of Volvo’s eco-friendly policy. This will include lighting crafted from used airbags and chairs made from car bumpers.

Lee Sang-jin daedusj@autodiary

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