Overview

• Volvo confirmed an unnamed hybrid tailored to U.S. buyers will enter production at its Ridgeville plant by the end of the decade.
• The move follows July’s plan to shift XC60 assembly to South Carolina starting in late 2026 to expand the plant’s model mix.
• Ridgeville has capacity for 150,000 vehicles a year but currently builds only the EX90 and Polestar 3, leaving significant underutilization.
• Volvo highlights regionalized manufacturing and about $1.3 billion invested in the site as it pursues stronger U.S. sales and profitability.
• Coverage ties the expansion to Trump’s auto tariffs, with EU car imports still facing a 27.5% levy pending a new deal, while Volvo shares rose over 3% in Stockholm.