·Volvo China R&D Headquarters “Settled in Shanghai”

On September 9, Volvo officially launched the newly-built China R&D headquarters in Shanghai and laid the foundation for the Group's Asia-Pacific headquarters. At present, Volvo Car has placed the important research and development work of the latest generation of energy-saving and environmentally-friendly power generation and in-vehicle interconnection systems in China. In the future, China R&D will work with headquarters to develop new generation energy vehicles.
The R&D headquarters is located in Jiading District, Shanghai. The first phase of the project has a construction area of ​​35,000 square meters and an investment of about 420 million yuan. The research and development scope includes complete vehicles and main subsystems – powertrain, active and passive safety, chassis, electrical and electronic systems, and new energy and smart interconnection technologies that represent the future direction of the automotive industry.
Peter Mertens, senior vice president of research and development at Volvo Car Group, said: "China is Volvo's second home market, and China's R&D team is an important part of Volvo's global R&D system. Since its inception in early 2011, Volvo has established in China. Starting with an international R&D team of more than 500 people, we will listen more to the voices of Chinese consumers in the future and introduce more excellent global and localized products to China. By playing an unparalleled resource and efficiency advantage, Volvo It will work with China and Sweden to further strengthen Volvo's global brand image and reputation in the same R&D, global same standards, global production, and global quality."
Unlike most joint venture brands setting up R&D centers in China, Volvo Cars' new R&D headquarters and Swedish headquarters have no barriers, no firewalls, shared R&D resources and results, and have played a significant role in inter-continental R&D in R&D and R&D efficiency. . Through Volvo's globally unified product development system, China has developed a research and development pattern that integrates research methods, unified work processes, unified standards and unified equipment with the Gothenburg headquarters in Sweden.
In addition, according to Dr. Shen Feng, President of Volvo Car Group China R&D, the focus of R&D in China in the future includes research and development of a series of highly competitive products that meet the needs of Chinese consumers on a new platform, and collaboration with headquarters. Develop a new generation of new energy vehicles. At the same time, China R&D will actively assist the headquarters in research and development of next-generation powertrain technology, active and passive safety technology, smart interconnection technology and autonomous driving technology.

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