11,377.55 TRY BIST 100 BIST 100
48.69 EUR EUR EUR
41.47 USD USD USD
5.85 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.75 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
59.75 USD Silver Silver
4.79 USD Copper Copper
106.34 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,004.46 TRY Gold (gr) Gold (gr)

Volvo is increasing its hybrid production capacity in the United States

Volvo Cars has announced that it will begin production of a new hybrid model at its Ridgeville, South Carolina manufacturing plant by 2030.

Volvo is increasing its hybrid production capacity in the United States

The facility currently produces the fully electric EX90 and Polestar 3 models and will also host the XC60 model in 2026. The new hybrid model is expected to be designed to meet the specific demands of the U.S. market. Volvo had previously announced its goal to transition to fully electric vehicle production by 2030; however, this new strategy indicates that hybrid models will also remain part of the company’s portfolio.

 

Volvo's move in the U.S. market not only aims to increase production capacity but also to meet American consumers’ growing interest in hybrid vehicles. Although details of the new hybrid model have not yet been revealed, this step appears likely to strengthen Volvo’s position in the U.S. market.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

U.S. raw steel production increase y-o-y in the week ending september 20

Tuesday, September 23, 2025

China aims for an annual 4% growth in the steel sector by 2026

Tuesday, September 23, 2025

European Commission announces definitive anti-dumping duties on Egypt, Japan, and Vietnam

Friday, September 26, 2025

Ukraine's steel exports decreased 13% in the first eight months, while local consumption increased 22%

Friday, September 26, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now