Overview

• Volvo said it will add a next-generation hybrid to the Ridgeville, South Carolina, production line before 2030, tailored for the U.S. market.
• The plant has capacity for 150,000 vehicles a year and currently builds the electric Volvo EX90 and Polestar 3, with output still well below potential.
• Volvo plans to start assembling the XC60 mid-size SUV in South Carolina from late 2026 to further lift local production.
• The expansion of U.S. assembly seeks to reduce exposure to a 27.5% levy on imported cars, with a July EU deal to lower the rate to 15% not yet in effect.
• Executives highlighted $1.3 billion invested in the site and described the Charleston-area facility as foundational to Volvo’s U.S. growth.