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Volvo to retool Swedish plant for EVs

Swedish automaker to invest $1B in Torslanda modernizations Metal Tech News – February 9, 2022

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 pre...

 

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