Volvo Construction Equipment (China) Co Ltd completed the upgrade of its Shanghai factory on Jan 15, with a new assembly facility solidifying its commitment to the city's Pudong New Area. The move demonstrates the company's dedication to the Chinese market and sustainable development.

A new assembly facility is completed at Volvo Construction Equipment's Shanghai factory on Jan 15. [Photo/WeChat ID: pdnews]

Xie Song, Volvo Construction Equipment China's operation president, lauded China's business environment at the inauguration ceremony. The upgraded facility will enhance Volvo Construction Equipment's global competitiveness and foster the high-quality development of China's construction equipment industry.

Lyu Dongsheng, Jinqiao Administration Bureau director, praised Volvo Construction Equipment's contributions to innovation in the Jinqiao area of Pudong. The company's increased investment in Jinqiao demonstrates its confidence in the Chinese market.

Tomas Kuta, president of Volvo Construction Equipment Asia, expounded on the company's strategy in China, saying it aims to turn the Shanghai factory into a competitive production hub. The factory now produces a variety of equipment, including electric models, with plans for further expansion.

Volvo Construction Equipment products are displayed. [Photo/WeChat ID: pdnews]

Volvo Construction Equipment's commitment to sustainability is evident through its environmental initiatives and the expansion of its product portfolio. The company's long-term goals include enhancing safety, cutting out fossil fuels, and increasing capacity. It aims to drive the industry towards a greener future by prioritizing innovation and green development.