Tariff Quote Watch: Volvo May Not Hoist Flag for Polestar If Tariffs Are Wrong — Panjiva
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Tariff Quote Watch: Volvo May Not Hoist Flag for Polestar If Tariffs Are Wrong

China 1758 Cons. Discr. - Autos 661 Sweden 12 Tariff Quote Watch 91 Tariffs 1169 U.S. 3297

Geely-owned Volvo will review its plans to sell Polestar electric vehicles in the U.S. “dependent on the type of tariffs” that are applied, according to Polestar CEO Thomas Ingenlath. The issue is whether Volvo will produce the vehicle in China and sell to the U.S., or assemble it from kits at its newly opened U.S. factory. Imports of electric vehicles to the U.S. reached $1.36 billion in 2018 after an 11.0% year over year increase, in part due to the release of Nissan’s revised Leaf. Volvo’s already scaled back exports of the XC-60 SUV from China to the U.S. by 14.8% year ov...

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