# @cgtneurope on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Ddwkyb3jjso
- **Gondola URL:** https://gondola.cc/posts/70963951-cgtneurope-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/2a29b492e0.jpg
- **Posted:** 2026-09-26T17:31:11.000+00:00
- **Account Owner:** CGTN Europe (@cgtneurope) — https://gondola.cc/cgtneurope

## Caption

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⁣

## Stats

- **Views:** 0
- **Likes:** 1,079
- **Shares:** 0
- **Comments:** 28

## Tags

slovakia, chinaslovakia, cgtn, geely, electricvehicles, ev, volvo, chineseinvestment, kosice

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