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Volvo Cars to add other products at U.S. plant to avoid tariffs
in the U.S. The two crossovers made up about half of Volvo’s U.S. sales in the first half of 2025. According to one of the people, Volvo expects to build about 60,000 XC60s and 50,000 XC90s annually in the U.S., approaching the limit of the plant’s 150,000-vehicle capacity, along with the Volvo EX90 EV and Polestar 4 EV that are currently built there. The plant produced a total of 24,632 vehicles in 2024. Volvo originally planned to build the...
News Updated at: 2025/07/18
Volvo Cars to begin XC60 production in Ridgeville, South Carolina in 2026
Volvo Cars to begin XC60 production in Ridgeville, South Carolina in 2026 On July 16, Volvo Cars announced it will add its best-selling XC60 mid-size SUV, in both mild hybrid and plug-in hybrid form, to the production line at its assembly plant in Ridgeville, South Carolina. XC60 production is scheduled to start at the U.S. plant in late 2026, joining the fully electric Volve EX90 flagship and Polestar 3 SUV. The XC60 has been the company’s b...
News Updated at: 2025/07/17
Volvo Cars announces SEK 11.4 billion impairment charge due to tariffs and EV launch delays
Volvo Cars announces SEK 11.4 billion impairment charge due to tariffs and EV launch delays On July 14, Volvo Cars announced that it will record a one-off non-cash impairment charge of SEK 11.4 billion in the second quarter of 2025. The charge stems from revised financial assumptions related to the EX90 and ES90 platforms, following past launch delays and newly imposed import tariffs in several key markets. Despite a major software upgrade and a ...
News Updated at: 2025/07/15
Volvo Cars cuts 15% of U.S. headquarters workforce amid general cutbacks
nt in Ridgeville, South Carolina, trimmed its workforce in May by 5%, or about 125 employees, citing market conditions and evolving tariff and trade policies. The 2.3-million-square-foot Ridgeville plant, with a 150,000-unit annual production capacity has been producing a much lower amount of Volvo EX90 and Polestar 3 electric crossovers. Volvo is now considering building a higher-volume model there, potentially the midsize XC60 hybrid crossover....
News Updated at: 2025/07/11
Volvo Cars launches Abbey Road Studios Mode in EX90 models
Volvo Cars launches Abbey Road Studios Mode in EX90 models On June 17, Volvo Cars announced it officially launched Abbey Road Studios Mode, a new in-car audio experience developed in collaboration with Bowers & Wilkins and Abbey Road Studios, available in all Volvo EX90 models equipped with the optional Bowers & Wilkins High Fidelity Audio system and will be delivered free of charge via an over-the-air (OTA) update in the coming weeks. The mode r...
News Updated at: 2025/06/18
Volvo CEO considers U.S. production of XC60 in Ridgeville, South Carolina
for the U.S. plant would be the XC60 midsize crossover. The XC60 is currently built at Volvo’s plant in Torslanda, Sweden, for global markets and was the company’s bestselling model in 2024 at 230,900 vehicles, according to company figures. The plant in Ridgeville currently builds the electric EX90 and Polestar 3 SUVs, but Samuelsson previously said he wants to add more hybrid models to fill unused capacity. Volvo ended production of the S...
News Updated at: 2025/06/05
Volvo Car USA announces 2026 hybrid lineup with tech upgrades
e company’s 2026 lineup of hybrid vehicles in the U.S., including the introduction of two major tech upgrades and updates to one of its best-selling SUVs. For the 2026 model year, every new Volvo car will come equipped with its next-generation user experience, Volvo Car UX. Already seen in the EX90, EX30, and new XC90, Volvo Car UX was developed to make complex tasks simple, using real-world data and customer feedback. Later in 2025, the UX ...
News Updated at: 2025/06/03
Volvo Cars halts production at Ridgeville plant due to part shortage
e, South Carolina because of a parts shortage. He did not disclose the affected part or say when output at the underutilized factory might resume. “We are working to resume production as quickly as possible,” Datz said. The Ridgeville plant employs more than 2,000 people and builds the electric EX90 and Polestar 3 for the U.S. and global markets, except China. It ended production of the S60 in 2024. The plant has annual capacity of about 150,...
News Updated at: 2025/05/31
Volvo Cars to cut South Carolina plant workforce by 5% amid trade tensions
be affected or how the cuts would affect production at the plant. The cuts were not included in the worldwide layoffs announced April 29 together with its Q1 2025 earnings, the spokesperson said. While the Ridgeville plant has capacity to produce 150,000 cars annually, it currently only builds the EX90 electric SUV and Polestar Model 3. Most of the cars it sells in the U.S. are imported from Europe. Volvo said it remained committed to creating 4...
News Updated at: 2025/05/08
Volvo vows to boost U.S. production after 25% tariffs imposed
Volvo vows to boost U.S. production after 25% tariffs imposed On April 3, newly reinstated Volvo Car CEO Hakan Samuelsson said that his company will have to increase the number of cars it builds at its plant in Ridgeville, South Carolina, including the addition of another model, after U.S. President Trump raised tariffs on imported automobiles. Volvo already builds EX90 and Polestar 3 electric vehicles in Ridgeville, and “will have to look clos...
News Updated at: 2025/04/04
Volvo Cars uses Ansys and NVIDIA GPUs to boost CFD simulations for EX90
Volvo Cars uses Ansys and NVIDIA GPUs to boost CFD simulations for EX90 On March 18, Ansys announced a significant breakthrough in aerodynamics simulations in collaboration with Volvo Cars and NVIDIA. Using the combination of eight NVIDIA Blackwell GPUs for the solver and CPU cores for meshing, the companies reduced the total simulation run time from 24 hours to 6.5. To improve the energy efficiency and drive range of the fully electric EX90, Vol...
News Updated at: 2025/03/19
Volvo considers expanded U.S. production in face of U.S. tariffs
South Carolina. The current versions of the EX30 are manufactured in China. Production of the EX30 for European markets begins this year at Volvo’s factory in Ghent, Belgium. “We think the EX30 Cross Country will be a pretty good seller in the U.S.,” Rowan said. Volvo builds the full-electric EX90 and Polestar 3 SUVs at the Ridgeville plant, which is capable of building cars on the first and second generations of Volvo’s Scalable Product ...
News Updated at: 2025/03/06
Luminar technology selected for new electric Volvo ES90
Luminar technology selected for new electric Volvo ES90 On March 5, Luminar announced that its technology will be equipped in the new Volvo ES90, which is slated for production later in 2025. This marks the second Volvo car model to feature Luminar’s technology, following the successful launch of the automaker’s flagship SUV, the Volvo EX90, which is now being delivered to customers. “The Iris lidar on ES90 will complement an advanced set o...
News Updated at: 2025/03/06
Volvo starts presales of EX90 SUV in Brazil
Volvo starts presales of EX90 SUV in Brazil On February 27, it was announced that Volvo initiated the pre-sale in Brazil of its new EX90, a 100% electric SUV priced at BRL 849,990. The first units are scheduled for delivery starting in April. The EX90 is Volvo’s first fully electric, seven-seater vehicle, offering an Inmetro validated range of 459 km, and it expands the brand’s portfolio for Brazilian customers. A standout feature of the EX90...
News Updated at: 2025/03/05
Volvo Cars introduces EX90 and XC90 SUVs to Colombia
Volvo Cars introduces EX90 and XC90 SUVs to Colombia On February 20, Volvo Cars unveiled the fully electric EX90 SUV in Cartagena, Colombia, showcasing its most advanced model to date. The event also featured the updated XC90, reinforcing Volvo’s dedication to safety, innovation, and sustainability in Latin America. The EX90 is powered by a twin-motor AWD system, offering a range of up to 600 km per charge. It features Safe Space Technology,...
News Updated at: 2025/02/22
Volvo Car Malaysia sells 1,953 cars in 2024; BEVs and PHEVs account for 83%
. VCM said the introduction of the new, fully electric Volvo EX30 was well received locally, as its first batch of fully imported units were sold out before the local assembly started. Currently, VCM has a focused portfolio of fully electric vehicles for Malaysia, with its flagship 7-seater Volvo EX90 coming next, the company added. (From an article of New Straits Times on February 7, 2025)...
News Updated at: 2025/02/11
Volvo Cars forecasts challenging 2025 amid market challenges
returned to pre-pandemic levels presenting a challenge for the company, particularly in the first half of 2025, which it plans to manage. Additionally, the company anticipates challenges in reaching the volumes and profitability of 2024, with higher amortizations as it ramps up new models like the EX90 and ES90. However, the company remains focused on cash preservation and expects to deliver positive free cash flow for 2025, compared to its prev...
News Updated at: 2025/02/06
Luminar, US wins new business from Japanese OEM and Volvo Cars
e OEM’s next-generation ADAS system using Luminar’s LiDAR, as well as paid development of new software capabilities. Luminar has also been selected to be featured as standard equipment on an additional model in the Volvo Cars line-up. Luminar continues to meet all key deliverables for the Volvo EX90 production ramp, shipping more products in Q3 than the past three quarters combined. (Based on Luminar press release)...
News Updated at: 2024/11/12
Volvo Cars opens access to Tesla’s 17,800 NACS charging points in U.S., Canada
of fast-charge points. • Adapters for current owners of Volvo fully electric vehicles are available to order immediately at Volvo Charging at Tesla Superchargers and other North American Charging Standard (NACS) chargers will be enabled by an adapter included with the purchase of a new Volvo EX90 flagship SUV, EX40 or EC40 fully electric vehicle starting with model year 2025.• NACS adapters for current owners of Volvo fully electric...
News Updated at: 2024/10/30
Volvo presents carbon footprint of new EX90
Volvo presents carbon footprint of new EX90 On September 30, Volvo announced the carbon footprint of the new Volvo EX90. The fully electric premium SUV has a significantly lower CO2 footprint compared to the similarly sized Volvo XC90 with either a plug-in hybrid or mild hybrid drive. The EX90 has a CO2 footprint of 36.7 tonnes with the average European electricity mix, roughly half that of the Volvo XC90 mild hybrid at 72.8 tonnes, and about 20%...
News Updated at: 2024/10/01