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Volvo hints the EX30 could be exported from Belgium to the US to avoid new EV tariffs

Baua Electric

Meanwhile, Volvo suggested the US-bound EX30 could come from Belgium as it looks to avoid newly introduced tariffs. The European Commission revealed plans to impose additional tariffs on Chinese-made EVs by up to 38.1% Volvo plans to begin EX30 production in Ghent, Belgium, but not until 2025.

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Volvo delays low-cost EX30 deliveries in the US until 2025

Baua Electric

Volvo announced it’s delaying the EX30 launch in the US as it ramps up production in Belgium. Earlier this month, the EU revealed additional tariffs expected on Chinese EV imports, including Volvo’s parent company, Geely. Volvo EX30 Cloud Blue and Vapour Grey (Source: Volvo) Annwall suggested the US-bound EX30 could come from Belgium.

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Tesla requests PM Modi to cut import taxes on electric vehicles 

Electric Vehicles India

The transport minister stated this month that Tesla mustn’t promote Chinese language vehicles made in India and as alternative manufacture domestically, however, Tesla has indicated it needs to experiment with first imports. The Tesla Model Y sales have topped in August with 790 registrations within less than a week since its arrival.

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Volvo halts EX30 orders online following recent delays

Baua Electric

The EX30 starts at $34,950 in the US and 36,000 euros ($38,500) in Europe as one of the most affordable EVs on the market. Volvo EX30 Cloud Blue and Vapour Grey (Source: Volvo) Volvo is no longer accepting EX30 orders online On top of this, the EU recently introduced new tariffs on Chinese-made EVs that could impact profits.

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Volvo EX30 remains a top-seller, but the company is still slashing its growth forecast

Baua Electric

Volvo’s most affordable EV is already having a major impact on the brand. The company, which is majority-owned by China’s Geely, is also preparing for new EU and US tariffs on Chinese imports. Starting at $34,950, Volvo’s compact electric SUV will be among the most affordable EV options on the market. billion) in Q3 2023.

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EU new-car market suffers worst performance in over two years

Baua Electric

Looking at the remaining five-digit total markets, both Belgium and Sweden saw registrations decline by 20.3%. However, other six-figure markets were not so positive, namely Sweden (down 7.8%), Belgium (down 3.3%), the Netherlands (down 3.2%) and Ireland (down 0.9%). This affects more affordable all-electric made in China.

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Volvo EX30 sparks growth in September as EV sales share nears 25%

Baua Electric

Starting at $34,950, the electric SUV will be among the most affordable EV options in the US. After the 100,000th EX30 model rolled off the production line this week, Volvo will carry the momentum into 2025 with plans to begin producing the low-cost EV in Belgium. The EX30 is scheduled to arrive in the US later next year.

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