By Shane Lasley
Metal Tech News
Volvo to retool Swedish plant for EVs
Swedish automaker to invest $1B in Torslanda modernizations Metal Tech News – February 9, 2022
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Last updated 7/12/2022 at 1:52pm
Volvo Cars
Volvo Cars is investing $1.1 billion to retool its Torslanda manufacturing plant in Sweden to produce electric vehicles.
Immediately following its partnership with Northvolt to build a 50-gigawatt-hour-per-year battery gigafactory in Sweden, Volvo Cars announced plans to invest roughly US$1.1 billion (10 billion Swedish kronor) to ready its Torslanda manufacturing plant to produce the next generation of fully electric vehicles.
"With these investments we take an important step towards our all-electric future and...
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