Company insiders said that Volvo would divert production of EX30 and EX90 to Belgium as Europe is expected to announce tariffs on Chinese EVs.
A month after the U.S. increased tariffs on Chinese-made electric vehicles from 27% to 100%, Europe is expected to reveal a similar crackdown on Chinese EVs this week. In anticipation of European tariffs, Volvo has announced that it would divert production of certain models from China to Belgium.
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