The Volvo EX30 goes on sale in the US this summer. Will it manage to avoid import tariffs and qualify for federal tax credits?
is when it introduced the car last year, in truth, it is a little smaller than a Tesla Model Y, but not that much. The EX30 has considerably less luggage space behind the rear seats than the Tesla, but otherwise it is quite capable of transporting four or five passengers from point to point with the level of comfort people expect from Volvo. The base model has a range of 275 miles and can sprint to 60 mph in about 5 seconds.
In February, the Alliance for American Manufacturing, which represents the interests of many US automakers, said that cheap Chinese EVs could cause an “extinction-level event” for US automakers. It warned that Chinese manufacturers could also avoid US tariffs by setting up plants in Mexico, inside the North American free trade zone, then exporting vehicles to the United States.
The refund law applies to companies with manufacturing operations in the US. Volvo manufactures cars in South Carolina and exports some of them to other countries. Asked about tariff refunds, a Volvo spokesperson said the company pays all legally required duties on cars and parts but did not specifically address what refunds it receives, if any.
Geely and Volvo have created a series of shared platforms that allow Volvo and other Geely brands to share batteries, motors, gears, and electric power management inverters, all of which are high cost EV components that are cheaper in high volumes. The EX30 rides on an electric-vehicle platform Geely calls SEA, for “sustainable experience architecture.
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