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POWER: Volvo Delays Plans for Swedish Energy Intensive Plant

POWER

Manufacturer Volvo Trucks has delayed building its electricity-intensive 400MW battery plant in Sweden by 1-2 years, the firm said, cited by Reuters.

  • Construction of the plant was meant to start in 2024, with the unit operational in 2028 and reaching full-scale production in 2030, according to Montel.
  • “What we know now is that the building start will be 12-24 months later than previous plan (2025)," the spokesperson said.
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Manufacturer Volvo Trucks has delayed building its electricity-intensive 400MW battery plant in Sweden by 1-2 years, the firm said, cited by Reuters.

  • Construction of the plant was meant to start in 2024, with the unit operational in 2028 and reaching full-scale production in 2030, according to Montel.
  • “What we know now is that the building start will be 12-24 months later than previous plan (2025)," the spokesperson said.