Global Trade Alert
Global Trade Alert

Sweden: Volvo Powertrain Aktiebolag gets EUR 49.4 million grant from the EU's Innovation Fund

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.

Source

Sign in to access

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 ...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.