Volvo EX30 Faces Delay, Unclear Future Over China Tariffs
When the Volvo EX30 was revealed last summer, it was obvious that the compact EV was destined to be a very big deal for such a small car. At a time when the U.S. electric market is craving more affordable options, the EX30's $34,950 starting price immediately seemed like an enticing proposition.
But the secret ingredient to the EX30's low price could be its undoing in the U.S. Or at least, the source of recent setbacks.
A year after the EX30's debut, it's unclear whether the China-built Volvo will be able to maintain its low price in the face of new 100% tariffs on EVs from that country. And to make matters worse, reservation-holders who were expecting the car to go on sale in the U.S. this summer tell InsideEVs they've gotten little to no details about when the EX30 will arrive stateside, or what price tags they may be looking at now.
“I am quite certain Volvo USA is truly in a bind over all this,” said Charles Anthony, a former EX30 reservation holder in Maine. Anthony is a longtime EV owner who was excited about the EX30, but told InsideEVs he doesn't plan to purchase one now because he wanted to drive the car first.
He also fears the new tariffs on Chinese-made cars may create a harsh new reality for the Swedish automaker.