Volvo Construction Equipment (Volvo CE), Eskilstuna, Sweden, has set up a business unit for its range of compact equipment machines and solutions. The new compact business unit is designed to take advantage of the shift to electrification in the compact equipment segment to secure a fully electric lineup of productive and sustainable products across the whole compact range.
The unit also will have responsibility for the whole value chain including development, assembly, purchasing and the go-to-market strategy (together with the existing distribution network) for the compact offering. The unit also will operate as an independent entity within Volvo CE and initially be responsible for compact excavators up to 9 tons and compact wheel loaders up to the L50 model.
Thomas Bitter, Volvo CE’s head of technology, will take on the role as head of the compact business unit.
“Our pioneering work in electrification and digitalization has positioned us as an innovator in compact equipment,” Bitter said. “And now because of compact equipment’s ever-growing influence on the market, we are focusing our attention on our compact machine portfolio to provide customers with productive and sustainable products and services.”