Volvo shifts EV production to Belgium

VOLVO has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidized imports, the Times reported on Saturday.Volvo, which is majority-owned by China's Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs were introduced, the newspaper said, citing company insiders.

The manufacturing of certain Volvo models bound for the United Kingdom could also be moved to Belgium, Times said.Volvo did not immediately respond to a Reuters request for comment outside of regular business hours.The European Commission, which oversees trade policy in the 27-nation European Union, launched an investigation last year into whether fully electric cars manufactured in China were receiving distortive subsidies and warranted extra tariffs.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

US to raise tariffs on Chinese EVsWASHINGTON, D.C. – The United States is planning to increase tariffs on Chinese clean energy goods, news reports said on Friday, with levies on electric vehicles expected to roughly quadruple.
ソース: TheManilaTimes - 🏆 2. / 92 続きを読む »

Germany, Sweden lukewarm on tariffs on Chinese electric carsSTOCKHOLM – The leaders of Germany and Sweden expressed reservations on Tuesday about possible European tariffs on Chinese electric vehicles after Washington announced huge duties on Chinese EVs.
ソース: TheManilaTimes - 🏆 2. / 92 続きを読む »

Nissan goes all-in on EVs, stops development of ICEFor Nissan, it's electric all the way along with e-Power technology
ソース: autoindustriya - 🏆 15. / 63 続きを読む »