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The new facility at the Changwon plant will produce a wide range of common electricstorage solutions (battery packs) for Volvo Group and become a core competence center for electric excavators. We are also home to a highly skilled and motivated workforce who are fully committed to meeting our future environmental targets.
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The carbon footprint of the most common type of battery for EVs is estimated to be 61-106kg of CO2 emissions equivalent per kilowatt hour of battery capacity, according to the latest data compiled and modeled by battery researchers at IVL Sweden. However, EV battery components may be very different in the near future.
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