Volvo Cars has announced a new unified technology strategy during its Capital Markets Day in Gothenburg, Sweden. This new approach will streamline all future Volvo electric vehicles under one versatile tech stack, beginning with the EX90. This strategy will enable continuous improvement and cost efficiency while enhancing the performance of each vehicle in its lineup.
Key Highlights:
- Unified Technology: Future electric cars will be based on the Volvo Cars Superset tech stack, a modular and upgradable system of hardware and software.
- Continuous Improvement: The tech stack allows for ongoing updates, ensuring cars get better over time.
- Closed-loop Development: Real-time data and advanced computing will enable continuous enhancements across all vehicle systems.
- Next-Generation Platform: The new SPA3 platform will underpin future models, offering enhanced scalability and performance.
- Cost Efficiency: The new system will help reduce production costs through shared components and manufacturing synergies.
This comprehensive strategy is a major step toward Volvo’s goal of producing more efficient, scalable, and sustainable electric vehicles.
Unified Technology Strategy
Volvo’s future electric vehicles will all be built using the Volvo Cars Superset tech stack. This single technology base consists of a unified system of modules, software, and hardware, allowing for customizable configurations across different models. This setup ensures each vehicle in the Volvo lineup benefits from advancements made in any model, creating an ecosystem of continuous improvement.
Closed-Loop Development Process
A significant innovation in Volvo’s approach is the adoption of closed-loop development. This system relies on data, software, and core computing to allow engineers to continually enhance vehicle performance and safety. This transition is as impactful as the shift to electrification, with the ability to gather real-time insights for ongoing updates and improvements.
Next-Generation SPA3 Platform
The new SPA3 platform will serve as the foundation for future electric vehicles, including the upcoming all-electric EX60. SPA3 offers scalability across different vehicle sizes, providing flexibility for Volvo to create models larger than the EX90 or smaller than the EX30 while maintaining a lower investment cost.
Efficiency in Production
The integration of the SPA3 platform is designed to reduce production costs by leveraging shared components across models. Volvo’s manufacturing facilities, such as the Torslanda plant, will utilize this platform to simplify production processes and increase flexibility.
Volvo’s strategic advancements, supported by record profits in 2023, reflect its commitment to sustainable innovation and a fully electric future.
Sign up for our popular daily email to catch all the latest EV news!
