Volvo Cars has started moving its electric vehicle (EV) manufacturing from China to Belgium in preparation for potential tariffs by the European Union on imports that are subsidized by Beijing. This calculated action coincides with the EU tightening its scrutiny of subsidies received by Chinese-manufactured electric vehicles, as revealed by The Times on Saturday.
Volvo, which is primarily controlled by China’s Geely, has thought about halting its supply of electric vehicles (EVs) made in China to Europe in the event that the EU imposes tariffs. Insiders in the company claim that such drastic measures won’t be necessary if the EX30 and EX90 models’ manufacture is moved to Belgium. The report made it clear that the company is no longer thinking on outlawing the sale of electric vehicles built in China.
Apart from the modifications for cars in Europe, some Volvo models that were planned for the UK might be transferred to Belgium. Volvo is taking proactive measures to minimize any potential interruptions caused by EU trade laws, as evidenced by this step.
