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    ARFA — Arctic Falls AB News Story

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    Brief: Arctic Falls Signs LoI With Volvo Cars Regarding Winter Test Facility

    Picture of Arctic Falls AB logoArctic Falls AB
    28/05/2026 15:03
    BRIEF-Arctic Falls Signs LoI With Volvo Cars Regarding Winter Test Facility
    May 28 (Reuters) - Arctic Falls AB ARFAL.ST:
    • SIGNS LETTER OF INTENT WITH VOLVO CARS
    • COLLABORATION COULD REPRESENT 10–15% OF ARCTIC FALLS' CURRENT ANNUAL REVENUE
    • LOI REGARDING CONSTRUCTION AND LONG-TERM LEASE OF NEW WINTER TEST FACILITY
    • ESTIMATES THAT INVESTMENT COULD BE FINANCED VIA EXISTING CASH RESERVES, BANK FINANCING
    • FINAL AGREEMENT TARGETED FOR JULY–SEPT 2026; FACILITY OPERATIONAL IN 2028
    Source text: ID:nMFN3gYlth
    Further company coverage: ARFAL.ST

     (Gdansk Newsroom)
     ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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