Valmet Automotive to open EV battery plant in Salo, Finland

Valmet Automotive, which currently manufactures Mercedes-Benz vehicles in Uusikaupunki, southwestern Finland, plans to start large-scale production of EV batteries in the nearby town of Salo later this year. The plant will be situated in Nokia’s former mobile phone factory on the IoT Campus in Salo. The company will utilise Salo’s expertise in electronic device production and estimates the plant will employ over 300 people.