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 to this end in coming years.
Volvo Personvagnar AB Motor (Volvo Cars Engines) in Skövde today received the highly prestigious World Class Award for Total Productive Maintenance (TPM) – the first engine manufacturer and only the fourth company in the world to do so.