Volvo shifting production of Chinese-made electric vehicles to Europe, to avoid tariffs ...Middle East

UK Times (gated) with the report:Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the EU will drive ahead with a crackdown on Beijing-subsidised imports Volvo is majority-owned by China’s Geelymoving production of Volvo’s EX30 and EX90 models from China to Belgium to avoid EU tariffs on China-made vehicles This article was written by Eamonn Sheridan at www.forexlive.com.

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