Volvo Cars has opened a new tech hub in Singapore that will be a key centre for data and analytics, software, and advanced manufacturing development. The opening of the new tech hub aligns with the company’s ambition to be “a leader in new technology and a fully electric car maker by 2030”.
A core strategic area for Volvo Cars is advanced manufacturing. The company says that manufacturing is an increasingly technology-intense area that offers “plenty of opportunities within artificial intelligence (AI), robotics, automation, machine learning, nanotechnology and a range of other new and emerging technologies.
Volvo Cars COO and deputy CEO, Javier Varela said, “This new presence in Singapore will support our in-house technology and software development capabilities. It will serve as a global innovation centre to further accelerate our momentum and increase our capabilities in advanced manufacturing and data and analytics.”
The new tech hub in Singapore will be the fourth Volvo Cars Tech Hub in the world following the one in Stockholm, Krakow, as well as India. Volvo Cars also has large engineering centres in Shanghai and Gothenburg.
Open starting early September this year, the new Volvo Cars Tech Hub in Singapore is led by Yvonne Tan who also joined the company at the same time. She previously served at Venture International as the R&D director. She was also a senior engineering manager at Dyson Operations.
Supporting the opening of the new Tech Hub is the Singapore government itself via the Singapore Economic Development Board (EDB). The support provides Volvo Cars with further capability to leverage Singapore’s local network and talent for its development of the next generation of technologies and cars.
EDB Executive Vice President, Cindy Koh said, “We welcome Volvo Cars’ decision to set up its Tech Hub in Singapore. This is testament to Singapore’s attractiveness as an innovation hub for global mobility companies to develop solutions for the regional and global market. It will create exciting job opportunities for Singaporeans as well as partnership opportunities for our public research performers and local companies in developing new technologies and next-generation vehicles.”