Swedish Prime Minister and French President sign strategic partnership at Volvo Group headquarters

The Swedish Prime Minister Stefan Löfven and the French President Emmanuel Macron signed a strategic partnership between their two countries for innovation, digital transformation and green solutions at the Volvo Group headquarters in Gothenburg, Sweden, on Friday November 17th. The ceremony was held at the Volvo Group offices where they also met with Martin Lundstedt, President and CEO of the Volvo Group, and viewed some of the company’s latest innovations – including the EX02 all-electric compact excavator, an autonomous refuse truck and an electric bus.

Ahcène Nedjimi, Electromobility Specialist and EX02 Project Leader at Volvo Construction Equipment (Volvo CE), presented the machine to Prime Minister Löfven and President Macron. “It was a great honor to be able to conduct a live demonstration and present the EX02 to the French and Swedish leaders,” says Ahcène. “It was very appropriate to highlight this machine because they were discussing increased cooperation and innovation between our two countries, and the EX02 is an example of this collaboration in action. The EX02 stemmed from Volvo CE’s ELEXC research project which was partly financed by the French government, as well as various funding bodies in France. The prototype was built in Belley, France, and when I told President Macron this he was extremely proud.”

Innovating for a sustainable future 

The EX02 is a 100% electric compact excavator prototype that delivers zero emissions, 10 times higher efficiency, 10 times lower noise levels and reduced total cost of ownership, compared to its conventional counterparts. It is believed to be the world’s first fully-electric compact excavator prototype. The EX02 is part of a research project and is not commercially available.

“Prime Minister Löfven and President Macron were interested in the machine’s performance and how it compared to a conventional compact excavator,” says Ahcène, who is a French citizen. “We discussed how it could shape the cities of tomorrow and what it could do for society. The French government plans to end sales of petrol and diesel vehicles by 2040 as part of its plans to meet the Paris climate accord targets. I think with the EX02, President Macron could see that Volvo CE is also working towards sustainable development. The electrification of construction equipment will produce cleaner, quieter and more efficient machines – this represents the future of our industry.”

A strategic agreement 

It is hoped that the strategic partnership, signed by the two leaders at the Volvo headquarters, will lead to increased cooperation between the two countries for a more innovative and greener European Union. The agreement is based on the innovative capacity of public sector stakeholders, academia and the business sector. It covers four areas:

1. Green solutions for transport, clean energy and smart cities.
2. Green financing for climate-resilient economies.
3. Digital transformation, smart industries and startups.
4. Health and life sciences innovation.

Ends.

Picture caption 1: From left: Swedish Prime Minister Stefan Löfven, French President Emmanuel Macron and Martin Lundstedt, President and CEO of the Volvo Group, at the Volvo Group headquarters in Gothenburg.
Picture caption 2: From left: Ahcène Nedjimi, Electromobility Specialist and EX02 Project Leader at Volvo Construction Equipment, discussed the company's prototype, fully-electric EX02 compact excavator with the French President, Emmanuel Macron.
Picture caption 3: Volvo Construction Equipment presented the prototype, fully-electric EX02 compact excavator to the Swedish Prime Minister Stefan Löfven and French President Emmanuel Macron.