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Volvo CE invests $42 million in EV production facilities in Korea and Sweden


Volvo Construction Equipment has announced the opening of new facilities at its plants in Changwon, South Korea and Braås, Sweden. The two facilities were built at a cost of 440 million Swedish kronor ($42 million). In Changwon, Volvo invested 80 million kronor to build a battery pack production facility for electric excavators. “With the completion… Read more…

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