Volvo has no plans to challenge low-cost EVs in China as a price war intensifies
Baua Electric
SEPTEMBER 25, 2024
Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, starts at around $28,000 (200,800 yuan), but that’s as low as the company will go. The other is new tariffs on Chinese EVs in the EU and US, where the already popular EX30 is built.
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