June 26 (Reuters) - Volvo Cars will
postpone the U.S. deliveries of its EX30 electric vehicle as it
focuses on expanding production of the compact SUV outside China
in the wake of tariff hikes on exports from the country, a
company spokesperson said on Wednesday.
Volvo had previously said it would begin selling the EX30 in
the United States later this year, but a spokesperson on
Wednesday told Reuters that deliveries will not start until
2025, in part due to the introduction of tariffs of more than
100% on Chinese EV imports by the U.S. government.
U.S. President Joe Biden unveiled steep tariff hikes on
Chinese imports last month, including over 100% on EVs, up from
27.5% earlier.
Subsequently, the European Commission has also said it would
impose extra duties of up to 38.1% on imported Chinese electric
cars from July, risking retaliation from Beijing, which said it
would take measures to safeguard its interests.
Volvo, the Swedish luxury brand owned by China's
Geely, started building the EX30 in Zhangjiakou,
China, and said last year it would expand production of the
small electric SUV to a plant in Belgium beginning 2025.
The Volvo spokesperson said on Wednesday the Belgium plant
will primarily serve North America and Europe.