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New Volvo CEO faces multiple tariff-related challenges

Volvo Cars began producing its fully electric EX30 small SUV at its Ghent, Belgium plant in early 2025 to better serve the European market.
This move followed the EU's 2024 tariffs on Chinese-built EVs, prompting Volvo to shift part of EX30 production from China to Europe to reduce tariff impacts.
Volvo invested around €200 million in the Ghent facility, adding new production lines and around 350 jobs, while cutting the industrialisation time for EX30 in half.
Francesca Gamboni emphasized that the EX30 plays a key role in advancing Volvo’s efforts to solidify its presence in Europe’s high-end electric vehicle segment.
This production expansion supports Volvo's strategy to build cars where they sell best, enhances competitiveness, and aligns with EU sustainability goals by expanding local EV manufacturing.

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n-tv.de

Lean Right

First small car of the 1975 brand: Volvo 66 - Troll children, small elk and Thors Hammer

With a Dutchman driving backwards as fast as forward, Volvo wanted to mix up the compact class in 1975. The Sweden transformed the tiny DAF 66 to the Volvo and thus to the forefather of the modern Volvo EX30.

8 days ago

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Automotive News

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New Volvo CEO faces multiple tariff-related challenges

The first European-built EX30 EVs have started to roll off Volvo's production line in Belgium, easing some of the tariff burden. But Volvo boss Hakan Samuelsson still has plenty of other headaches to manage.

10 days ago·United States

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Clean Technica

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Volvo Cars Starts Production of Best-Selling EX30 Electric SUV in Europe - CleanTechnica

Volvo Cars and its Ghent manufacturing plant reached a crucial milestone this week as the company’s factory in Belgium started production of the fully electric EX30 small SUV. One of Europe’s best-selling electric cars in 2024, the EX30 has been a popular choice among customers from the moment it was ... [continued] The post Volvo Cars Starts Production of Best-Selling EX30 Electric SUV in Europe appeared first on CleanTechnica.

10 days ago

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Motor.es

Saving the EX30 has cost Volvo dearly, but standing by was not an option.

The EX30s manufactured in Europe will allow customers to reach faster and meet demand.Vantourer Volvo has kept his word, and now he will kill two birds with one stone.Swedes have already started producing the successful EX30 at their factory in Ghent.The expensive European tariffs on electric cars manufactured in China were becoming an unbearable expense, in addition to an added problem.I have been working very hard in recent months to complete …

9 days ago

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elektroauto-news.net

USA bleiben für Volvo trotz Zoll-Risiken wichtig

Volvo hat den Produktionsstart seines kleinen Elektro-SUV EX30 in Gent, Belgien begonnen. Bisher kam das Modell ausschließlich aus China, was in den USA wegen hoher Zölle Probleme verursacht hat. Mit der Fertigung in Europa entfallen diese Hürden teilweise, doch die Herausforderungen für Volvo bleiben groß. Damit auseinandersetzen muss sich seit April Hakan Samuelsson, der 74-Jährige soll den angeschlagenen Automobilhersteller neu ausrichten. Se…

10 days ago

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