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Volvo Cars scales back margin and revenue ambitions By Reuters

By Mary Manis and Nick Carey (Reuters) - Swedish carmaker Volvo Cars cut its margin and revenue ambitions for the second time in a year on Thursday, a day after abandoning its electric-only target as tariffs and weak demand for electric…

Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing

Volvo Cars has begun shifting manufacturing of Chinese-made electric cars to Belgium, as the European Union prepares to impose tariffs on electric cars made in China, The Times reported. In addition to moving production of the Volvo EX30…

Volvo shifting EV production to Belgium to evade China tariffs, The Times reports By Reuters

(Reuters) - Volvo Cars has begun moving production of Chinese-made electric cars to Belgium in the hope that the European Union will press ahead with a crackdown on Beijing-backed imports, The Times newspaper reported on Saturday. The…