EV pledge backtrucks like other car manufacturers did the same
Volvo has revised its plans to move to electric vehicles completely by 2030. This is because others in the industry have been moving in the same way.
Straight Arrow News
Volvo Cars Volcarb.st said Tuesday that production of new hybrid models in the United States will begin by the end of the decade as Swedish automakers continue to adapt to President Donald Trump’s tariff policies.
The new model, which has not yet been released in detail, is designed for the US market and will help Volvo improve capacity utilization at its South Carolina plant.
Automakers around the world are rushing to rethink their production strategy to contest President Trump’s duties on foreign cars, part of his broader policy that boosts US manufacturing.
Volvo Cars CEO said in April that the company will produce more vehicles in the US, and the group announced in July that it plans to start production of its popular XC60 Mid-sized SUV at its South Carolina plant starting in late 2026.
The factory is currently only building Volvo’s fully electric EX90 SUV and the Polestar 3, but production data shows that these models only take up a small portion of the site’s annual capacity.
News about the new hybrid model coincided with Volvo’s 70th anniversary in the US.
Volvo has long been positioned as an EV trail blazer with the aim of eliminating all non-electric models by 2030, and reversing the course last year, saying the Hybrid will remain part of its lineup.
“By adding another model to production here, we are taking a major step towards achieving the full potential of our local manufacturing investment and labor,” said Luis Rezende, president of Volvo Cars’ Americas Operation.
Trade contracts were hit in July when the European Union reduced tariffs on European automobiles to 15%, but the agreement is still in effect and vehicles continue to face a 27.5% tax.
Reported by Marie Mans. Edited by Terje Solsvik
