Ahead of punitive EU tariffs on China-made EVs, Volvo shifts production to Belgium

The preemptive step by the Geely-owned carmaker will help avert a halt in sales to the bloc and a consequent dent in revenue.

Volvo has begun shifting production of its China-made electric vehicles to Belgium as the European Union prepares to crack down on imports of Beijing-subsidized EVs.

Volvo, majorly-owned by China’s Geely, will be diverting the production of its EX30 and EX90 to Belgium, says a report in The Times

Among Western carmakers, Volvo is most exposed to the potential tariffs. The Swedish-headquartered automaker was earlier planning to halt the sales of China-made EVs in Europe if the tariffs were imposed, the report said, quoting sources. But this is not in consideration anymore.

Some UK-bound models of the company could also …


Disha Acharya

Disha is a writer at The Morning Context. She has previously worked at the digital production desk of Reuters. Prior to that, she was a sub-editor at Deccan Herald.