(December 9, 2022) It covers two floors, contains more than 24,600 square feet of floor space and offers an up-to-date, modern work environment for more than 700 Volvo Cars employees: the new tech hub in the Swedish capital Stockholm officially opened today. The tech hub is located nearby the Volvo Studio in downtown Stockholm and will be part of our future foundation as we continue to work towards our mid-decade ambitions and beyond.

The automotive industry is rapidly changing and our new generation of fully electric cars, including the recently revealed Volvo EX90 SUV, will all be software-defined.

The Volvo car of the future will be fully electric by 2030, increasingly sold online, powered by cutting-edge core computers and will become better over time thanks to over-the-air software updates.

“To accelerate our transition, we’re in the process of recruiting hundreds of talents in areas such as software engineering, data science and analytics, product management, online business and customer experience development,” said Björn Annwall, our chief commercial officer and deputy CEO. “Many of them will be based out of our new tech hub.”

The tech hub will also serve as the base for Volvo businesses and activities in the wider Stockholm region. It aims to be a central part of Stockholm’s tech scene, right in the home and birthplace of several globally successful billion-dollar tech companies. Through a broad variety of events at our new tech hub, we plan to engage with other bright tech minds in the Swedish capital.

The new facilities also have a special focus on employee wellbeing, which includes the creation of two recreational rooms inspired by the Japanese concept of Shinrin Yoku. Here, employees can explore an immersive experience of film, sound and light designed for de-stressing.

“Our new Stockholm hub is designed to spark creativity and collaboration,” said Hanna Fager, our chief people officer. “It will be a modern and inclusive workplace that allows current and future talent with a broad variety of expertise to work and cooperate. A hallmark of Scandinavian modern design, it reflects all the strengths of the Volvo brand.”

To underline its connection with our heritage, the tech hub will feature specially designed furniture created from recycled car materials. Lamps made from used airbags and chairs 3D-printed from repurposed car bumpers? You’ll find them at the center.