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Volvo suddenly shifts EX30, EX90 production to Belgium to avoid China-made EV tariffs

Baua Electric

Volvo is reportedly shifting EV production to Belgium ahead of schedule. Production of the new Volvo EX30 and EX90 is moving to Belgium to avoid expected tariffs on electric vehicles made in China. Volvo announced it planned to build its new low-cost EX30 at its Ghent plant in Belgium last October.

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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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BYD Reveals Pre-sale Prices of European Passenger Car Range

Electric Cars Report

Chinese EV maker BYD revealed the pre-sale prices of its new European passenger car range. The world’s leading manufacturer of new energy vehicles and power batteries immediately introduces three full-electric passenger vehicles which will be delivered to Norway, Sweden, Denmark, the Netherlands, Belgium, Luxembourg and Germany.

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Stellantis, Leapmotor officially launch joint venture to sell Chinese EVs in Europe this fall

Baua Electric

The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow. billion stake in Chinese OEM Leapmotor. The post Stellantis, Leapmotor officially launch joint venture to sell Chinese EVs in Europe this fall appeared first on Bauaelectric Auto News.

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

Green Car Congress

Chinese consumers appear the most willing to pay a price premium, but even still, 44% indicate they will not pay anything extra. Consumers in the United Kingdom and Belgium are the most sensitive to paying a price premium with 71% opposing. —Joe Vitale, automotive sector leader for Deloitte Touche Tohmatsu Limited.

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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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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

Over the generation few years, Chinese language automobile exports have hovered round 1 million gadgets consistent with 12 months. Via the top of 2023, Chinese language automobile export quantity is anticipated to exceed 4 million gadgets, in keeping with Fu Bingfeng, Government Vice President and Secretary-Common of CAAM.

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