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NIB and Volvo Cars signs EUR 150 million loan to fund next-gen EV platform

On September 4, Nordic Investment Bank (NIB) and Volvo Car AB signed an 8-year EUR 150 million loan agreement to support research and development for Volvo’s next-generation electric vehicle platform, SPA3, and the new EX60 model. The investment will take place between 2024 and 2026.
The project supports Volvo Cars’ ....

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