Volvo Cars to produce electric motors in Skövde, Sweden

Volvo Cars will assemble electric motors at its powertrain plant in Skövde, Sweden, and plans to establish complete in-house e-motor production by mid-decade. It will invest 700 million SEK (€68.2 million) to this end in coming years. The company is committed to becoming a premium electric car company and aims for its global sales to […]