RIDGEVILLE, S.C. — Even before the first vehicle rolls off the line at Volvo Cars’ new factory in South Carolina, the Swedish automaker has nearly doubled its investment to $1 billion and promised to build a second vehicle at the site.
Volvo says it will spend an additional $520 million and add nearly 2,000 more jobs to its plant under construction in Berkeley County just off Interstate 26 about 30 miles northwest of the port in Charleston.
Volvo announced two years ago it would build its brand new S60 sedan at the factory. Monday’s announcement doubled the number of jobs at the plant to nearly 4,000 and pushed Volvo’s investment in the state, South Carolina Gov. Henry McMaster said.
Starting in 2021 , the second line will make what Volvo Cars of North America President Lex Kerssemakers called the company’s flagship SUV, the revamped, hybrid XC90.
Volvo, which has been owned by Chinese automaker Geely since 2010, will also add about 300 jobs with sales offices, a training facility and research and development center at the Berkeley County site, Kerssemakers said.