Volvo Cars is opening a new Tech Hub in Singapore, a vibrant global hotspot for advanced technology and manufacturing excellence.
The new Tech Hub will be a crucial centre for data and analytics, software and advanced manufacturing development in line with our ambition to be a leader in new technology and a fully electric car maker by 2030.
The Singapore facility will initially focus on building up capabilities in technology and software development, data and analytics, and advanced manufacturing – a core strategic area for Volvo Cars.
Manufacturing is an increasingly technology-intense area that offers plenty of new opportunities within AI, robotics, automation, machine learning, nanotechnology and a range of other new and emerging technologies.
“This new presence in Singapore will support our in-house technology and software development capabilities,” says Javier Varela, Volvo Cars chief operating officer and deputy CEO. “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 announcement of our Singapore Tech Hub follows the recent addition of a Tech Hub in Krakow, Poland, earlier this year. Both hubs aim to optimise our global site strategy further to gain ground in key technology areas and attract the best tech talent around the world. These Tech Hubs work closely with our existing network of Tech Hubs and core engineering centres globally.
In recent years, Singapore has become a leading global technology competence and innovation centre. With leading universities and broader education ecosystems, it’s now the location of choice for many technology companies, investments and talent worldwide.
Volvo Cars is establishing a new hub in Singapore with support from the Singapore Economic Development Board (EDB). This further allows Volvo Cars to leverage Singapore’s local network and talent to develop the next generation of technologies and cars.
Cindy Koh, Executive Vice President, EDB, said, “We welcome Volvo Cars’ decision to set up its Tech Hub in Singapore. This is a testament to Singapore’s attractiveness as an innovation hub for global mobility companies to develop solutions for the regional and global markets. It will create exciting job opportunities for Singaporeans and partnership opportunities for our public research performers and local companies in developing new technologies and next-generation vehicles.”
The new Tech Hub will open in early September and be led by Yvonne Tan, who joined the company on 1 September. Yvonne is a senior and visionary leader with a proven track record of enabling business through engineering development and successful delivery execution.
Yvonne is joining Volvo Cars from Venture International Pte, Ltd., a leading global provider of technology services. She has led the advanced life science instrumentation and systems delivery there as R&D director. Additionally, she brings eight years of experience conducting research design development as a senior engineering manager at Dyson Operations Pte. Ltd.
Yvonne has an Engineering doctorate from the Singapore University of Technology and Design, and she holds a Master of Science in Business IT attained at the University of Wales.
We currently operate Volvo Cars Tech Hubs in Stockholm, Lund in Sweden, Krakow in Poland, and Bangalore in India. We also have large engineering centres in Shanghai, China and Gothenburg, Sweden. While each of these locations has its own focus area, they make up a crucial network of innovation centres strategically spread around the globe.
After recently establishing our regional headquarters for the APEC region in Singapore, the opening of the Tech Hub further amplifies our presence in the country.
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