The new China-based owners of Volvo and the Swedish car maker’s management team are considering exporting Volvos assembled in China to the U.S.—a potentially risky move that might harm the brand’s Scandinavian identity and could make it among the first to bring China-made vehicles to the U.S.
New Volvo Chief Executive Stefan Jacoby said he sees the idea as a way to help his company reduce foreign-exchange risk. Exporting made-in-China Volvos is “one opportunity” Volvo is exploring with China’s Zhejiang Geely Holding Group Co., its new owner, as part of a strategic plan it is preparing for release by March. Via WSJ.
Recommended for you

Geely doubles down on methanol, says lithium EVs too heavy for future transport

Zeekr 007 and 7 GT launched with 900V upgrade and FR-Line option, price cut by 1,400 USD to 26,700 USD

Zeekr 001 Anniversary Edition launches with 2.91‑second sprint, 680 kW dual‑motor, from 50,400 USD
Follow us for ev updates
Comments