Volvo CE invests SEK 65M in electric wheel loader production at Arvika plant

Volvo Construction Equipment has announced a SEK 65 million ($6.3 million) investment from Volvo Group to expand its Arvika, Sweden factory for phased production of electric wheel loaders. The investment includes a new building and supports Volvo CE's goal of 35% electric machine sales by 2030.

“Volvo Construction Equipment (Volvo CE) has announced an investment into the production of electric wheel loaders from its plant in Arvika, Sweden.”volvoce.com

• 3 sources
• volvoce.comVolvo Construction Equipment leads industry change with milestone investment into electric wheel loadersPress informationJan 23, 2023
• volvoce.comVolvo Construction Equipment increases sales and continues industry transformation in Q4, 2022Press informationJan 26, 2023
• industryhq.comVolvo Construction Equipment To Invest In Electric Wheel Loaders | constructionHQconstructionHQ Editorial TeamMar 1, 2023

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