Volvo Cars to open a new tech hub in Stockholm

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Swedish car giant Volvo Cars is increasing its presence in Stockholm by investing in a technology hub in the heart of the city. The new center will employ over 700 professionals with expertise in software engineering, data science and analytics, product management, online business and user experience, the company stated in a press release.

Led by mayor Anna König Jerlmyr, Stockholm has established itself as a very strong tech business location with international appeal. Volvo Cars hopes to attract hundreds of new team members from around the world to its technology hub. 

“People with the right competence and values make the difference for our ambitions and that’s why we’re establishing our new tech hub in Stockholm,” said Hanna Fager, head of corporate functions at Volvo Cars.

“Stockholm is a hot spot for tech talents, and we want to create an innovative, creative and collaborative workplace to attract people from around the world. The process has already started and we’re currently looking for new team members who can help drive our company forward,” Fager further stated.

The tech hub is an expansion of Volvo Cars’ current central Stockholm location, and it will capitalize on the company’s established expertise in online sales and software product development. The expansion is meant to help the company meet its mid-decade goals of selling at least half of its cars online and developing at least half of its software in-house.

The emphasis on online sales and direct relationships includes developing a simple and straightforward process for ordering a Volvo car, complete with transparent pricing, clear product information, and delivery time estimates.

Henrik Green, chief product officer at Volvo Cars, stated: “Beyond making our cars safer through technology and more sustainable through electrification, we want to fundamentally change car ownership to be more personal through a world-leading consumer experience.”

“That’s why we are investing in product and tech, and expanding in Stockholm to access the wealth of talent in everything from product management to software engineering and user experience,” Green also stated. (photo credit: Luca Massimilian/Unsplash)