Volvo launches Phase IV of APAC HQ
THE groundbreaking ceremony of Phase IV of Volvo Cars’ Asia-Pacific headquarters took place in Jiading on February 21 during the Shanghai Investment Promotion Season.
The planned expansion aims to increase Volvo’s global footprint through full electrification and sustainable growth.
The Volvo Cars Asia Pacific Headquarters Phase IV project is located at 2088 Luyi Road in Jiading District.
“I believe this headquarter park will be the main engine that will help Volvo Cars China with its expansion and technological development,” said Jim Rowan, president and CEO of Volvo Cars.
Volvo Cars China’s R&D headquarters officially opened in September 2015 with an investment of about 420 million yuan (US$58.4 million).
Volvo has been working to improve its electric vehicle technology capabilities so that it can provide critical technical support for the transition toward electrification. The projected Volvo Cars China Battery Center will handle the complete battery business, from after-sales battery servicing to raw material recycling.
According to Volvo, the high efficiency of government departments contributed significantly to the project’s seamless start. Volvo was able to obtain the project piling construction license in a single day.
Furthermore, the Jiading Industrial Zone dispatched personnel to assist Volvo in completing the declaration and approval of numerous procedures before the start of the project, thereby minimizing the inconvenience of going through complex approval procedures.
“We will continue to optimize the business environment based on the needs of enterprises,” said Jiading District Party Secretary Lu Fangzhou.
Volvo Cars now operates three vehicle manufacturing sites, one R&D center and one design center on the Chinese mainland.