Impact of New Tariffs on Volvo's Electric Vehicles

Recent tariffs imposed on Chinese-made cars by the US are affecting Volvo and its latest launch, the EX30 compact electric SUV These tariffs have sparked criticism from Volvo, who argues that it not only complicates the debut of the EX30 in various markets but also adversely impacts consumers Additionally, Volvo is considering shifting the production of the US-bound EX30 models to Belgium to circumvent these new tariffs..