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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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23 Articles
23 Articles
Volvo Car's production of electric cars is moving from China to Belgium. In doing so, the Swedish car manufacturer is preparing for the European Union's upcoming decision whether or not to increase import tariffs for Chinese electric car manufacturers.
·Apeldoorn, Netherlands (Kingdom of the)
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Because of a possible tariff war between the EU and China.
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.
·United Kingdom
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Total News Sources23
Leaning Left4Leaning Right3Center8Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 27%
C 53%
R 20%
Factuality
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