As part of the planned investments, Volvo Cars will incorporate several innovative and more sustainable technologies and production methods in the factory. These include a vast casting mill for aluminum body parts, a new battery assembly plant, and entirely renovated paint and final assembly shops. The investments follow a recent announcement by Volvo Automobiles and Northvolt, the world’s largest battery cell company, of a SEK 30 billion investment in the development and manufacturing of high-quality, tailor-made batteries for the next generation of 100% electric Volvo cars. Both investments are significant steps toward Volvo Cars’ goal of being a 100 percent electric car company by 2030, and they highlight the company’s long-term commitment to its hometown of Gothenburg.
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