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763 Volvo’s Top U.S. Exec Says Carmaker Will Proceed With New EVs

The Information
Steve LeVine @ The Information · 09/23/2025 06:00 EDT

Volvo’s Top U.S. Exec Says Carmaker Will Proceed With New EVs

A wave of automakers has cancelled plans to produce electric vehicles in the U.S., responding to slow sales of the cars. But Volvo Cars, an automaker owned by China’s Geely Group, is boosting its EV manufacturing plans at its South Carolina plant, a move that could be a model for other Chinese automakers amid a potential thaw in U.S.-China relations.

Next year, Volvo will begin producing its midsize plug-in XC60 SUV in Ridgeville, South Carolina, which already produces the fully electric XC90 midsize SUV..

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