June 10, 2024 BY Elizabeth Anderson
Volvo Moving EV Production to Belgium to Dodge Import Tariffs
According to reports, the Swedish automobile maker contemplated stopping its Chinese-manufactured EX30 and EX90 EV sales in Europe should the rumoured EU tariffs be realised. Relocating EV production to Belgium would negate this move. Reuters indicated that the company “insisted” that it was no longer considering the suspension of sales. The European Commission, the European…
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