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By Lisa Baertlein
Volvo (OTC:VLVLY) Group expects high-volume manufacturing of a deliberate battery plant in Sweden to start a few years later than the unique goal of 2029-2030, CEO Martin Lundstedt stated at a Reuters NEXT Newsmaker occasion at CES in Las Vegas on Wednesday.
Volvo had stated in September it will delay development of the plant by one or two years and stated on the time it was unsure if this might have an effect on the beginning of producing.
(writing by Peter Henderson in Oakland, California; Enhancing by Rod Nickel)
