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===Volvo and Aurobay=== Aurobay (formerly part of [[Volvo Cars]]) and Volvo Group Truck Operations (a company within the [[Volvo Group]]) jointly operate one of the world's largest automotive foundries in Skövde, and are Skövde's two largest employers. The Volvo Group Truck Operations plant is AB Volvo's largest producer of industrial diesel engines worldwide (producing [[engine block]]s, [[cylinder head]]s and [[flywheel]]s as well as engine mounts and [[disk brake]]s). Aurobay produces sustainable, efficient, hybrid engines for Volvo Cars and will eventually do so other customers.<ref>https://www.just-auto.com/news/volvo-cars-and-geely-holding-create-aurobay-for-joint-powertrain-operations/ Volvo Cars and Geely create Aurobay for joint powertrain operations</ref> Aurobay has capacity for 600,000 [[powertrain]] solutions a year. In 2021, the [[Swedish Environmental Protection Agency]] approved a grant of SEK 144 million for the conversion of part of the Skövde plant to produce [[powertrains]] for [[electric vehicles]].<ref>https://www.di.se/live/volvo-cars-bolag-far-mangmiljonstod-for-elmotortillverkning/ Electric motor investment for Volvo Cars' company</ref> In 2011, the two plants combined had over 4,000 permanent employees (2,100 employees at Volvo Group Truck Operations <ref name="volvoskövdestats">{{cite web |url=http://www.volvocars.com/intl/top/corporate/volvo-sustainability/Documents/Facts_and_Figures_2011-12.pdf |title=Volvo Facts and Figures |date=12 January 2013 |publisher=[[Volvo|Volvo AB]] |archive-url=http://www.volvocars.com/intl/top/corporate/volvo-sustainability/Documents/Facts_and_Figures_2011-12.pdf=12|archive-date=12 January 2013 |url-status=live |access-date=12 January 2013}}</ref>).
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