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Home > Daily News > Volvo Penta To Switch To Electric Power By 2021

Volvo Penta To Switch To Electric Power By 2021

Swedish engine developer says it is committed to offering customers hybrid and electric options across its marine and industrial business segments

Volvo Penta has set itself a deadline of 2021 to offer customers electrified solutions across its entire marine and industrial business portfolios.

Underpinned by the success of hybrid and all-electric technology introduced by the Volvo Group, Volvo Penta says its electrified solutions will demonstrate the company’s long-term commitment to offering customers the latest and most appropriate power source for their user applications.

“Volvo Penta is embracing the electric transformation and will be at the forefront in delivering compelling business cases to customers using this new technology,” says Björn Ingemanson, president of Volvo Penta. “We will take a full systems supplier approach helping our customers in the transition to the new technology. This will happen application-by-application, on the basis that the business case for switching to electric will differ across our many customer segments.

“This is the start of a long-term transition,” he adds. “Diesel and gasoline-powered primary drive systems will remain the most appropriate power source for many applications for years to come.”

Chief technology officer Johan Inden emphasised the fact that Volvo Penta has spent several years embracing electrification solutions already. “We have spent this time building competencies, experience and establishing the technologies required to deliver a sustainable power solutions road map,” he says. “The advanced engineering projects we are currently running, and the performance data received, gives us confidence that we are on the right technology path to offer customers a compelling business case for electrification.”

As part of its commitment, Volvo Penta has restructured its organisation to accelerate the switch towards electrified power and has committed to an ambitious ramping up of its electrification investment program. An electro-mobility development-and-test laboratory has also been established at its Swedish headquarters.

While the power outputs and applications of the initial electric systems are being kept confidential for the time being, the company has announced that both hybrid and all-electric solutions will be offered at the outset. Volvo Penta is already field testing early prototypes and system validation is under way.

“We have a deep understanding of power systems in a wide variety of applications, which we will use to help customers meet the transformation towards sustainable power solutions in the months and years ahead,” says Inden. “These solutions will not just be more sustainable, they will also be high performance – delivering a no compromise win-win offering for customers and the environment.”

Source: https://plus.ibinews.com/article/Sntjq3MxcrA/2018/06/13/volvo_penta_to_switch_to_electric_power_by_2021/