Investment in Volvo’s fuel-cell technology to create 100 new positions
In partnership with international corporations Midroc and OCAS, the Swedish Energy Agency and the Volvo Group are investing SEK 200 M in Volvo’s development of fuel cells. The investment will create around 100 new positions in the Gothenburg region within the next three years.To accelerate the introduction of fuel cells into the market, the Volvo Group, through its company Volvo Technology Transfer, will receive investment from the companies Midroc New Technology and OCAS, as well as from the Swedish Energy Agency. The parties make a joint investment of SEK 200 M in Powercell Sweden AB in