Incoming European Union import tariff rises mean Volvo is considering shifting supply of its Chinese-built EX30 to non-EU markets, such as the UK, while it readies its Belgium factory to take over local market production early next year.
The crossover is currently the third best-selling electric car in Europe behind the Tesla Model 3 and Tesla Model Y but is currently manufactured in a plant run by parent firm Geely in Zhangjiakou, China. That means it is set to be hit by EU tariffs on EVs imported from China from 31 October onwards.