Swedish consortium joins iniative to electrify the US construction industry

Volvo Construction Equipment, Atlas Copco Group, and Husqvarna Construction will team up with the Sweden-US Green Transition Initiative to showcase fully electrified construction of green infrastructure in the US. The […]

Volvo Construction Equipment, Atlas Copco Group, and Husqvarna Construction will team up with the Sweden-US Green Transition Initiative to showcase fully electrified construction of green infrastructure in the US.

The Sweden-US Green Transition Initiative, a collaborative program founded by Business Sweden, the Embassy of Sweden in USA, the Swedish Energy Agency, and Sweden’s innovation agency Vinnova, is thrilled to announce a new partnership to electrify the construction industry. The consortium, represented by industry leaders Atlas Copco GroupHusqvarna Construction, and Volvo Construction Equipment, marks a milestone in the journey towards a more sustainable construction sector.

With the aim of demonstrating the potential of electrified construction equipment, the consortium will initially focus on the construction of electric vehicle (EV) charging infrastructure in the United States, utilizing exclusively electrified machines. This marks the first-ever collaboration of its kind among these companies, showcasing their commitment to sustainability and innovation. These industry pioneers are at the forefront of developing cutting-edge electrified construction equipment, such as excavators, wheel loaders, portable air compressors, energy storage systems and concrete power cutters.

“The future of construction equipment is electric. There may not be an electric alternative for every application yet, but in Atlas Copco Group we already have a wide range of electric solutions available and are committed to further developments. We are proud to be delivering real-world solutions to help our customers and their customers adopt a more energy efficient way of working,” says Bert Derom, President of Atlas Copco Portable Air Division.

“We look forward to contributing our expert knowledge along with equipment and diamond tools from the light construction industry to support this journey toward creating low CO2 emission construction sites. This partnership is a great opportunity to show how we can support the construction industry to lower its fossil dependency,” said Karin Falk, President, Husqvarna Construction.

“Volvo CE is advancing sustainable power in the construction industry with our lineup of low- and zero-emission heavy equipment, yet we know collaboration will be critical to bring about the type of holistic change that is truly needed,” said Ray Gallant, Vice President, Product Management and Productivity at Volvo CE North America. “We’re excited to join other well-respected, like-minded companies to demonstrate how these green alternatives can be used to help deliver the infrastructure improvements we need.”

The Sweden-US Green Transition Initiative aims to accelerate Swedish American collaboration in the transition toward a low-carbon economy. Since the opening of its Washington DC office in November 2022, it has established pilot projects that showcase innovative solutions, with the goal of paving the way for a green transition. With support from the Embassy of Sweden in USA, Business Sweden, the Swedish Energy Agency, and Sweden’s innovation agency Vinnova, the initiative promotes more sustainable solutions in various sectors.

Those interested in learning more about the electrification of the construction industry and, specifically, how EV charging infrastructure can be built using electrified construction machines, are welcome to the Green Transition Summit on 2 October. The event will provide insights into available and future technology enabling sustainability transformation of the construction and infrastructure development sectors.

For media inquiries, please contact:

Linda Andrén, Executive Director, Sweden-US Green Transition Initiative

[email protected]

Amanda Billner, Media Relations Manager, Atlas Copco Group

[email protected]

Henrik Sjöström, Head of External Communications, Husqvarna

[email protected]

Paul Flake, Vice President Corporate Affairs & Public Relations, Volvo Group North America

[email protected]

About the Sweden-US Green Transition Initiative

The Green Transition Initiative (GTI) is a joint initiative between the Embassy of Sweden in Washington DC, Business Sweden, the Swedish Energy Agency, and Sweden’s innovation agency Vinnova. The objectives are to position Sweden as a key partner to the United States in its climate transition, connect Swedish and U.S. stakeholders within the green energy ecosystem, and to leverage opportunities in sectors such as electromobility, renewable energy, sustainable industry, and green buildings. By doing so, the initiative aims to contribute to reduced global emissions as well as increased bilateral R&D cooperation, trade, and investments between Sweden and the United States.

www.gti-sweden.se

About Atlas Copco Group

Great ideas accelerate innovation. At Atlas Copco Group we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees. For more information, visit: www.atlascopcogroup.com

About Husqvarna Construction

Husqvarna Construction, part of Husqvarna Group, is a leading manufacturer of innovative equipment and diamond tools within the light construction industry. Our portfolio includes machines, solutions, services and diamond tools made for professionals who work with hard materials like concrete and stone to shape urban environments of tomorrow. We sell and service our products worldwide in more than 70 countries. Find us at www.husqvarnaconstruction.com. Husqvarna is a registered trademark owned by Husqvarna AB (publ)

About Volvo Construction Equipment

Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, and with over 14,000 employees, it is one of the largest companies in the industry. Volvo CE offers a wide range of products and services in more than 140 countries through its global distribution network. Volvo CE is part of the Volvo Group. The Volvo Group drives prosperity through transport solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs 105,000 people and serves customers in more than 190 markets. In 2020, net sales amounted to about SEK 338.4 billion (EUR 33.3 billion). Volvo shares are listed on Nasdaq Stockholm. www.volvoce.com

Categories: Construction Equipment, Corporate Information, Electric Equipment, Insights