Volvo Postpones U.S. Deliveries of EX30 Electric Vehicle

Volvo Cars has announced a postponement of U.S. deliveries for its EX30 electric vehicle, shifting focus to expanding production of the compact SUV outside China.

A company spokesperson confirmed on Wednesday that this move comes in response to recent tariff hikes on exports from China.

Delay in U.S. Sales:

Volvo initially planned to begin selling the EX30 in the United States later this year. However, a spokesperson told Reuters that deliveries will now commence in 2025. This delay is partly due to the U.S. government introducing tariffs exceeding 100% on Chinese electric vehicle imports.

Tariff Hikes on Chinese Imports:

Last month, U.S. President Joe Biden announced significant tariff increases on Chinese imports, including more than a 100% tariff on EVs, up from the previous 27.5%.

In response, the European Commission also announced extra duties of up to 38.1% on imported Chinese electric cars starting in July. This move risks retaliation from Beijing, which has indicated it will take measures to protect its interests.

Production Expansion Plans:

Volvo, a Swedish luxury brand owned by China’s Geely, started building the EX30 in Zhangjiakou, China.

Last year, the company announced plans to expand production of the small electric SUV to a plant in Belgium starting in 2025.

The Volvo spokesperson highlighted that the Belgium plant primarily serves North American and European markets.