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Västerås is undergoing significant investments as global companies like Hitachi Energy and Westinghouse expand operations. Westinghouse is modernizing its nuclear fuel production facility to double capacity, enhancing its role in Europe's energy supply.

Hitachi Energy is constructing a 40,000 sqm headquarters and R&D center. Additionally, Lyten plans to establish operations in Västerås through the acquisition of Northvolt Labs, reflecting the city's attractiveness for advanced energy solutions.