Volvo Group has announced that in 2025 its plant in Ghent, Belgium, will start to produce battery modules.
The battery module manufacturing line in Ghent will be able to use battery cells from partners and the planned battery cell plant in Sweden.
The investment frame for this first step of module manufacturing is €75 million, a press release from Volvo Group stated.
Notably, the investment decision to install battery module manufacturing capacity in Ghent is another important step for the Volvo Group to shape its future value chain for battery systems, the company said.
Jens Holtinger, Executive Vice President, Volvo Group Trucks Operations, noted that the building is expected to be 12,000 sqm and be located at the Volvo Group manufacturing site, while the new high-tech module factory will consist of an almost fully automated process with robots.
Moreover, in the second half of 2023, the Ghent plant will also start producing battery-electric heavy-duty trucks, and the battery packs needed to power these electric trucks will be built in the Ghent plant.
It must be noted that the Volvo Group truck assembly plant in Gothenburg, Sweden, is already building heavy-duty electric trucks as the first global manufacturer in the world and the Group’s ambition is that at least 35% of the vehicles sold worldwide will be electric by 2030.
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