Volvo Plans EV Battery Plant in U.S.

A new battery factory near Volvo's vehicle assembly plant in South Carolina shows commitment to America's electric-car market.
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Volvo is adding a battery factory to supply electric variants of vehicles to be made at its 18-month-old assembly plant near Charleston, S.C.

The project will help Volvo get ready for its first American-made electric car by about the end of next year.

XC90 Goes Electric

The company’s $1.1 billion assembly plant in South Carolina opened in mid-2018, making S60 midsize sport sedans. Next year the facility will add the next-generation XC90 large SUV/crossover model, some of which will be fitted with all-electric powertrains.

The battery factory is part of a $600 million expansion that also will install a second assembly line for the XC90. Volvo hasn’t said how many of those vehicles will be electrified, but setting up local battery assembly shows a commitment to America’s fledgling EV market.


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