Categories: Economy

Volvo’s Ghent Factory Adapts to Market Changes, Plans for Hybrid Cars and Electric Vehicle Growth

In the midst of a decline in electric car sales in Europe, Volvo’s factory in Ghent remains focused on producing high-quality electric vehicles. Despite the temporary unemployment of approximately 6,500 workers, including 650 white-collar employees, the factory is adapting to meet the growing demand for hybrid cars and has plans to introduce new models in the near future.

Volvo’s early adoption of electrification and development of successful electric vehicle models have allowed it to maintain its position as one of the top producers of electric cars in Europe. This year, fewer electric vehicles will be produced, but Volvo is committed to introducing new models that will further increase employment and drive growth in production.

The factory in Ghent is one of the largest industrial employers in Flanders and has a long history of adapting to market needs while ensuring the sustainability of its workforce. Recruitment for technical profiles and other shortage professions is ongoing as Volvo plans to increase production in the long term. Temporary contracts are being extended by six months, and the factory expects to see growth in production with a target of producing more cars than ever before.

Despite temporary unemployment being a factor in the near future, Volvo is dedicated to maintaining its success in the electric vehicle sector and continuing its commitment to sustainability and innovation.

Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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Samantha Jones

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