Volvo Group announces new battery factory in Sweden

Volvo Group is set to build a new battery factory in Sweden to benefit from the nation’s fossil-free energy sources. This is part of the company’s ambition for 35% of all vehicles and machines sold to be electric by 2030.

BY JENS STAVNSBJERG, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Volvo Group’s heavy-duty vehicles are switching to electric, and the batteries to power them will come from a new factory that the automaker has just announced.

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