Volvo to build EX30 in Belgium as part of global capacity boost

GOTHENBURG: Volvo Cars has announced that it will begin production of its new fully electric EX30 at its Ghent plant in Belgium from 2025.

The decision comes in response to high demand for the car, which has already received critical acclaim and won several awards.

Production of the EX30 began earlier this year in Zhangjiakou, China, with the first cars set to reach customers later in 2021.

By expanding production to Ghent, Volvo Cars aims to meet the expected demand for the EX30 in Europe and for global export.

The move also adds production flexibility for one of the company's anticipated best-selling models.

Volvo Cars follows a strategy of building its cars where it sells them, and already produces its top-selling XC60 and XC40 SUVs in both Europe and China.

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The company's chief executive, Jim Rowan, stated that the goal is to sell the EX30 worldwide at an attractive price point, making it easier for more people to transition to driving an electric Volvo car.

Volvo Cars has ambitious plans for electrification, aiming to sell only fully electric cars by 2030.

By the mid-2020s, the company plans for half of its global sales volume to consist of fully electric cars.

The EX30 is expected to play a crucial role in achieving these goals and is considered a cornerstone of Volvo Cars' strategic transformation.

The EX30 will join the XC40 and C40 models on the production line in Ghent, making it the third fully electric Volvo model to be produced in Europe.

This strengthens Volvo Cars' electric car production capabilities in the region and highlights the significance of the Ghent plant in the company's electrification strategy.