Volvo CE invests SEK 425M in electric vehicle production at two Swedish plants

Volvo Construction Equipment is investing SEK 65 million (€5.8M) in its Arvika plant for electric wheel loader production and SEK 360 million (€32M) in its Braås plant for articulated hauler production, including electric vehicles. Construction at Arvika starts in 2023; Braås investment runs through 2027.

“Volvo CE wants to reach an electric vehicle share of 35 per cent of its sold machines in 2030.”energystorages.tech

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• energystorages.techVolvo CE invests into electric vehicle production capacities - energy storages tech-energy storages techApr 27, 2023

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