Volvo has no plans to challenge low-cost EVs in China as a price war intensifies
Baua Electric
SEPTEMBER 25, 2024
That includes all-electric vehicles (EVs) and plug-in hybrids (PHEVs). BYD Seagull EV (Source: BYD) Volvo is fast-tracking EX30 production at its Ghent, Belgium plant to overcome the new tariffs in the US and EU. Volvo is expected to begin building EX30 models at the plant next year for export.
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