Volvo Cars to invest $1.1 billion in Swedish plant for switch to EVs

Reuters    Translate This Article
11 February 2022

On 11 February 2022 Reuters reported: Volvo Cars will invest 10 billion crowns ($1.1 billion) in its manufacturing plant in Gothenburg [western Sweden] in the next few years to prepare for production of fully electric cars, it said on Tuesday [8 February]. Global Good News service views this news as a sign of rising positivity in the fields of business and science, documenting the growth of life-supporting, evolutionary trends.

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