Volvo CE opens battery pack factory in Changwon, Korea

Volvo CE invested SEK 80 million ($7.8 million) in a 2,500-square-meter battery pack factory in Changwon, Korea. Mass production of battery packs began on April 23, 2024, for use in the EC230 Electric excavator.

“Volvo CE has invested SEK 80 million ($7.8 million) in the creation of this new 2,500-square-meter facility.”oemupdate.com

• 2 sources
• oemupdate.comVolvo CE Korea invests in a battery factory for sustainable construction | OEM UpdateOEM Update EditorialMay 21, 2024
• oemoffhighway.comVolvo CE Invests $40.5M in New Facilities | OEM Off-HighwayKathy WellsMay 30, 2024

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