Announcement
05 Mar 2025
In March 2025, the European Commission provided a financial grant to Volvo Powertrain Aktiebolag for the “Carbon Smart Factory: Skövde Plant Approaching Carbon Elimination (SPACE)” project.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Mar 2025
Revocation date:
No revocation date
Updated: 12 Jun 2025
Financial grant
In force
On 5 March 2025, the European Commission approved a EUR 49.4 million (USD 53.2 million) financial grant for Volvo Powertrain Aktiebolag. The grant was provided for the company’s involvement in the “Ca...
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