A new Volvo electric car factory outside Košice in eastern Slovakia is preparing to start test production at the end of September.⁣ The investment is worth about $1.2 billion, and the plant is designed to produce up to 250,000 electric cars per year. Volvo expects to create about 3,300 direct jobs.⁣ The impact is already being felt beyond the factory gates. In the center of Košice, the project is driving demand for housing, transport and other services.⁣ Experts say the plant is part of a wider wave of Chinese investment in Slovakia. Volvo is owned by China's Geely Holding Group, meaning Chinese capital is becoming part of the country's next industrial chapter.⁣ #Slovakia #Volvo #Geely #Kosice #ElectricVehicles #EV #ChinaSlovakia #ChineseInvestment #CGTN⁣