In response to high customer demand for the new fully electric EX30 SUV, Volvo Cars has made the decision to commence production of this compact SUV at its Ghent plant in Belgium starting in 2025. This expansion of production capacity is a strategic move by the company.
The EX30 production began earlier this year in Zhangjiakou, China, with the first cars expected to be delivered to customers later in the year. Extending production to Ghent is aimed at meeting the anticipated demand for the EX30 in Europe and for global exports.
Volvo Cars, with one of the most ambitious electrification plans in the automotive industry, is committed to selling only fully electric cars by 2030, and by the middle of the decade, it intends for half of its global sales to be comprised of fully electric vehicles. The EX30 plays a pivotal role in these plans, as it is expected to significantly contribute to the company’s growth and profitability goals, making it a cornerstone of Volvo Cars’ ongoing strategic transformation.
The EX30 will join the XC40 and C40 models on the Ghent production line, making it the third fully electric Volvo model to be manufactured in Europe. This move strengthens Volvo Cars’ electric car production capabilities in the region and underscores the Ghent plant’s importance in the company’s electrification strategy.
This decision also provides production flexibility for what Volvo Cars anticipates will be one of its top-selling models in the coming years. This approach aligns with Volvo Cars’ established practice of building its popular XC60 and XC40 SUVs in both Europe and China.
