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News Digest / Lukas Schmidt

Author: Lukas Schmidt
07:39am, Tuesday, Sep 23, 2025
Volvo to Add U.S.-Built Hybrid by 2030 to Avoid ~27.5% Import Levy, Boost Ridgeville's 150,000-Car Capacity
Volvo Cars (STO: VOLCAR-B) will add a U.S.-focused hybrid at its Ridgeville, S.C. plant before 2030 to avoid high import tariffs, boost plant utilization and protect margins amid trade-policy shifts.
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