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. That includes all-electric vehicles (EVs) and plug-in hybrids (PHEVs). Volvo expects better results from premium EVs.
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