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Final Up to date on: twenty ninth April 2025, 09:23 am
Volvo Automobiles and its Ghent manufacturing plant reached an important milestone this week as the corporate’s manufacturing facility in Belgium began manufacturing of the absolutely electrical EX30 small SUV.
Certainly one of Europe’s best-selling electrical vehicles in 2024, the EX30 has been a well-liked alternative amongst prospects from the second it was launched in late 2023. This week’s milestone follows a beforehand introduced intent to supply the EX30 within the Ghent plant, which may even begin manufacturing of the EX30 Cross Nation later within the yr. Volvo Automobiles continues to additional diversify its world manufacturing footprint for one in every of its hottest fashions and expands manufacturing capability to higher meet native demand.
The addition of the EX30 to the Ghent manufacturing line will lead to round 350 new jobs on the plant, bringing whole employment to virtually 6,600 individuals.
“The EX30 is crucial for us as we continue to strengthen our position in the premium EV market in Europe,” mentioned Francesca Gamboni, chief manufacturing and provide chain officer for Volvo Automobiles. “Investing in the European production of the EX30 in Ghent perfectly aligns with our long-held strategy to build our cars where they sell best. Our flexible global footprint contributes to our resilience, allowing us to adjust our manufacturing plans with agility.”
To make EX30 manufacturing attainable in Ghent, the corporate made investments price round EUR 200 million in its Belgian facility lately. Vast-ranging modifications to the plant embody the addition of a very new automobile platform, the set up of just about 600 new or refurbished robots, an extension of the battery corridor, a brand new door manufacturing line in addition to a brand new battery pack meeting line.
EX30 manufacturing in Europe helps the European Union’s sustainability and competitiveness agenda, representing an funding in a future that creates jobs and embraces innovation and electrification. Between the Ghent, Belgium and Torslanda, Sweden vegetation, Volvo Automobiles now produces 10 completely different electrical and hybrid automobile fashions in Europe.
“Following a decision in autumn 2023 to bring production of the EX30 to Ghent, we were able to industrialise the new model in record time,” mentioned Stefan Fesser, supervisor of the Volvo Automobile plant in Ghent. “Thanks to the engagement and collaboration of the entire Ghent team, we cut the industrialisation time in half. Today, we are extremely proud to welcome the EX30 and demonstrate that new technology and innovation enable us to react more flexibly to market demands.”
Situated on the outskirts of Belgium’s third-largest metropolis and within the coronary heart of its North Sea port space, Volvo Automobiles’ manufacturing facility in Ghent opened its doorways in 1965 and is the one remaining absolutely developed automobile manufacturing facility in Belgium. Along with the Torslanda plant, it’s one in every of two automobile manufacturing vegetation operated by Volvo Automobiles in Europe, with a 3rd underneath building in Slovakia.
Other than the EX30, the Ghent plant additionally builds different electrified fashions – the absolutely electrical EX40 and EC40 in addition to the XC40 and V60 hybrid fashions. In 2024, it constructed slightly over 186,000 vehicles.
Press launch from Volvo Cars.
Volvo Automobiles in 2024
For the total yr 2024, Volvo Automobile Group recorded a record-breaking core working revenue of SEK 27 billion. Income in 2024 amounted to an all-time excessive of SEK 400.2 billion, whereas world gross sales reached a document 763,389 vehicles.
About Volvo Automobile Group
Volvo Automobiles was based in 1927. In the present day, it is among the most well-known and revered automobile manufacturers on the earth with gross sales to prospects in additional than 100 international locations. Volvo Automobiles is listed on the Nasdaq Stockholm change, the place it’s traded underneath the ticker “VOLCAR B”.
“For life. To give people the freedom to move in a personal, sustainable and safe way.” This goal is mirrored in Volvo Automobiles’ ambition to turn out to be a totally electrical automobile maker and in its dedication to an ongoing discount of its carbon footprint, with the ambition to realize net-zero greenhouse gasoline emissions by 2040.
As of December 2024, Volvo Automobiles employed roughly 42,600 full-time staff. Volvo Automobiles’ head workplace, product growth, advertising and administration capabilities are primarily situated in Gothenburg, Sweden. Volvo Automobiles’ manufacturing vegetation are situated in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, Daqing and Taizhou (China). The corporate additionally has R&D and design centres in Gothenburg and Shanghai (China).
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