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Volvo shifting EV production to Belgium to evade China tariffs, The Times reports

Volvo is moving production of Chinese-made electric vehicles to Belgium to avoid potential EU tariffs on China-made EVs, according to The Times.
Shifting production of certain Volvo models from China to Belgium is expected to eliminate the need for further actions, and suspending sales of Chinese EVs is no longer being considered by the company.
Manufacturing of some Volvo models destined for the UK may also be relocated to Belgium.

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Fortune

+2 Reposted by 2 other sources

Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing

On top of transferring production of Volvo’s EX30 and EX90 models to Belgium, the carmaker may also move assembly of some Volvo models bound for the UK.

9 months ago·New York, United States

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VOA News

+2 Reposted by 2 other sources

Volvo shifts EV production to Belgium to avoid China tariffs

Carmaker makes move in the expectation that the European Union will forge ahead with a crackdown on Beijing-subsidized imports, according to a report

9 months ago·United States

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Reuters

Volvo shifting EV production to Belgium to avoid China tariffs, The Times reports

Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday.

9 months ago·United Kingdom

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Bloomberg

Volvo Is Shifting EV Production to Belgium From China - BNN Bloomberg

Volvo Car AB has started to shift manufacturing of Chinese-made electric vehicles to Belgium as the European Union prepares to impose tariffs on China-made EVs, the Times reported.

9 months ago·United States

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Hot News

Volvo își va muta producția de mașini electrice din China într-o țară din UE

Swedish car group Volvo Cars has started moving production of electric vehicles (EV) made in China to Belgium, amid expectations that the European Union will take measures against subsidized imports from Beijing, according to the British publication The Times, quoted by Reuters and Agerpres.

9 months ago·Romania

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