Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe
Green Car Congress
JULY 2, 2022
Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. The new facility represents an investment of around €1.2 billion; Volvo expects around 20% to be funded by governmental support.
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