The investment decision to install battery module manufacturing capacity in Ghent is another important step for the Volvo Group to shape its future value chain for battery systems. The battery module manufacturing line in Ghent will be able to use battery cells both from partners and from the planned battery cell plant in Sweden.
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Jens Holtinger, Executive Vice President Group Trucks Operations, says that the Volvo Group “have started the investment process to establish battery module manufacturing in Ghent. The building is expected to be 12,000 square metres and be located at the Volvo Group manufacturing site. The new module factory will consist of an almost fully automated process.” The investment for this first step of battery module manufacturing is worth 75 million euros. (mfo)
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