Volvo Cars to invest USD1.09 billion at Torslanda plant to produce next-generation electric cars
Volvo Cars plans to set up a mega casting of aluminum body parts, a new battery assembly plant and fully refurbished paint and final assembly shops at Torslanda plant
Swedish carmaker Volvo Cars plans to invest SEK10 billion (USD1.09 billion) at its Torslanda manufacturing plant in Sweden over the next few years to prepare the site to produce next generation of fully electric cars, the company announced on 8 February 2022.
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