Volvo Group sees delay in battery plant production from planned Swedish facility
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Volvo Group announced a delay in the high-volume production of its planned battery plant in Sweden, now expected to start a couple of years later than the original target of 2029-2030.
January 08, 2025 | 10:30 pm
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Volvo Group has announced a delay in the high-volume production of its planned battery plant in Sweden, pushing the timeline beyond the original 2029-2030 target.
The delay in the battery plant's production could impact Volvo's future growth and expansion plans in the electric vehicle market, potentially affecting investor sentiment negatively in the short term.
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