The Volvo EX30 to be soon manufactured in Europe

Volvo continues its production momentum by localizing part of its EX30 manufacturing in Ghent, Belgium.

Joining the XC40 and C40 models on the Ghent assembly line, the EX30 is the third fully electric Volvo model to be produced in Europe. This enhances Volvo Cars’ electric vehicle manufacturing capacity in the region and emphasizes the important role of the Ghent factory in the company’s electrification strategy. A logical choice but also a very smart anticipation of future European constraints.

France has paved the way by conditioning the Green Bonus on a minimum grade. The grading considers four major criteria: the materials used to produce the vehicle, the energy consumption related to assembly, the type of battery onboard, and finally the transportation mode of the vehicle. Production of the EX30 started this fall in Zhangjiakou, China. Crossing half the globe to reach its customer is not the best idea to get a good grade, and sure enough, these models will be excluded from the Bonus. If they are produced in Belgium, however, there is no problem. 5,000 euros discount on a vehicle sold from 38,000 euros is anything but negligible! This approach seems to be popular and could well inspire other European countries. It was therefore urgent to act.

The EX30 plays a crucial role in Volvo’s ambitions, as the manufacturer expects it to contribute significantly to its growth and profitability goals. European production, however, will not begin until 2025, so it’ll be necessary to endure a year’s wait. Nevertheless, we can wholeheartedly applaud Volvo Cars’ ambition to build cars as close as possible to where they are sold.