New tariffs introduced on EVs made in China Volvo is criticizing the EU decision adding it will only hurt buyers. Volvo suggested the US bound EX30 could come from Belgium as it looks to avoid newly introduced tariffs.
Volvo start building its new low cost EV the EX30 in Zhangjiakou China last fall.
With starting price almost $38,500 euros, Volvo EX30 is off to a hot start.
Volvo deputy CEO Bjorn Annwall told media last week that company supports open and fair trade Anything that gets in way of that is not good thing.
The EX30 is one of best selling fully electric cars in Europe in first months on market according to Bjorn Anwall.
Volvo sold 14,500 EX30 model in first three months of 2024 early topping the EX40 at 17,400.
The European Commission opened up plans to impose additional tariffs on Chinese made EVs by up to 38 % last week. Greely was on list with 20% additional tariff.
Volvo owned by China Zhejiang Greely is criticizing the EU planned tariffs on EV exports from China.
In the end consumer will pay Annwall explained Volvo plans to start EX30 production in Belgium Ghent not until 2025.
According to Annwall the Ex30 could be exported from Belgium to US.
Volvo is preparing to launch EX30 in more than 90 countries by end of 2024. In US the 2025 Volvo EX30 begin at $34950 making it one of affordable EVs on market. It features up to 275 miles range.
Volvo is standing by it commitment to going all electric by 2030 despite rivals pulling back on EV plans.
The EX30 is offered in 2 powertrains a Single Motor Extended Range and Twin Motor Performance.
The EX30 comes loaded with tech and safety features expected from Volvo EX30 includes Google built in with Apple CarPlay.
The Volvo EX30 is compact SUV it is agile with good range and super power at a price that buyers will find affordable.
With all that name implies about safety quality. It is right in crosshairs on new US tariffs that make importing cars made in China a virtual impossibility.
Volvo is supposed to have starting price for single motor version of $34995.Reservation holders who were expecting the car to go on sale in US this summer say have gotten little no details about when EX30 will arrive stateside or what it may cost when it gets here.
Electric car from Volvo is supposed to have starting price for single motor version of $34995. There is some query as whether car will make it to America at all import duty has more than tripled.
Reservation holders who were expecting the car to go on sale in US this summer have gotten little no details about when EX30 will arrive stateside or what it may cost when it gets here.