Volvo relocates EV production from China to Belgium ahead of EU tariffs on China-made EVs.

Volvo is relocating its electric vehicle (EV) production from China to Belgium as the European Union (EU) prepares to impose tariffs on China-made EVs, according to The Times. The carmaker may also transfer assembly of some Volvo models destined for the UK, reports say. Volvo, owned by Zhejiang Geely Holding Group, is seen as the most exposed among Western automakers to potential tariffs.