On top of transferring production of Volvo’s EX30 and EX90 models to Belgium, the carmaker may also move assembly of some Volvo models bound for the UK, the report said, citing unidentified people. Volvo, which is owned by Zhejiang Geely Holding Group Co, Ltd, is seen as the most exposed among western automakers to the potential tariffs, The Times said.
Trade frictions between the EU and China have led to a barrage of anti-dumping probes against Beijing, amid allegations of unfair subsidies. The EU is expected to tell EV makers in China as early as next week, whether it will impose provisional tariffs from July 4, that would boost…
