With extensive business and leadership experience within the Volvo Group, Paul Le Houillier will bring solid know-how and strategic vision to Nova Bus.
Volvo Completes Acquisition of Proterra's Battery Business
The acquisition, which was made at a purchase price of $210 million before adjustment for inventory level at closing and was first announced in November, includes a development center for battery modules and packs in California and an assembly factory in Greer, S.C.