AGP Executive Report
Last update: 3 hours agoAutomotive: Polestar has ended production of its Polestar 2, its first mass-market model, and plans a successor for 2027. Volvo Group, meanwhile, will cut 2,500 jobs as it faces pressure from Chinese rivals and shifts focus to margins. Energy Links: The 700 MW NordBalt cable between Sweden and Lithuania was disconnected after a failure at the Swedish converter station. Operators said reserves kept electricity supply stable and found no sign of external interference. Ports and Logistics: Gothenburg’s Arken intermodal terminal has nearly doubled yard capacity after freeing up 4,000 square metres — a 5% increase in space — by redesigning its rail layout. Nuclear Supply: Fuel assemblies made at Westinghouse’s Västerås plant are set to enter the Temelín reactor in the Czech Republic, widening its supplier base. Steel Transition: SSAB says it remains on track with its Swedish electric-steel production targets.
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