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Volvo Cars on Tariffs: Ongoing Discussions

Published: Today 11:58
Volvo Cars on Tariffs: Ongoing Discussions
Photo: Thomas Johansson/TT

As expected, EU countries say yes to tariffs on electric cars from China.

From a Swedish perspective, one hopes to get a special solution so that Volvo Cars is not negatively affected by the tariffs.

"We can confirm that the Commission has offered to continue discussions with all parties that have submitted price commitments and we are at the Commission's disposal to answer questions", writes Volvo Cars in a comment.

The company does not want to comment further on today's decision.

"Volvo Cars has noted the result of today's vote and the application of EU tariffs on electric cars from China. We will continue with our long-term strategy to build our cars where we sell them and make significant and long-term investments in Europe", they write further.

The decision in Brussels means tariffs of up to 35 percent from November this year, in addition to the 10 percent tariffs that already exist.

Sweden chose to abstain from voting.

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By TTThis article has been altered and translated by Sweden Herald

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