Volvo Penta has issued a statement of intent that by 2021, the company will provide electrified power solutions for both its land and sea-based business segments.
Underpinned by the success of hybrid and all-electric technology introduced by the Volvo Group, Volvo Penta’s 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,” said 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,” Ingemanson added. “Diesel and gasoline-powered primary drive systems will remain the most appropriate power source for many applications for years to come.”
Volvo Penta is already several years into its electrification journey, said Johan Inden, chief technology officer.
“We have spent this time building competencies, experience and establishing the technologies required to deliver a sustainable power solutions road map," Inden said. "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 this increased commitment, Volvo Penta has restructured its organization to accelerate the switch towards electrified power and has committed to an ambitious ramping up of its electrification investment program.
An electromobility development and test laboratory has also been established at its Swedish headquarters.
As a Tier 1 partner to many leading equipment manufacturers in the marine and industrial segments, Volvo Penta will further develop the proven electric platforms from the Volvo Group, the company reported.
While the power outputs and applications of the initial electric systems are being kept confidential, the company has announced that both hybrid and all-electric solutions will be offered.
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,” Inden said. “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.”