Volvo Brings the Chinese-Made EV 'Bloodbath' to America Sooner Than Expected

Don’t look now, but we have yet another early development in the burgeoning “bloodbath” in the American electric vehicles market, this time brought to us by venerable Swedish (sort of) automaker Volvo.

When Donald Trump created a media-fed controversy by using that word to describe the impacts on US automakers if Biden were to be re-elected, He was referring to plans by Chinese car companies to flood the American EV market with cheap, high-quality SUVs by exploiting loopholes in tariff laws utilizing plants built in Mexico as the jumping-off point.

At least one such plant, by Chinese auto company BYD, is in the planning stages, meaning the flood is set to begin within the next few years. But Reuters reported recently that Swedish-based, but Chinese-owned carmaker Volvo (a subsidiary of China’s Geely) is about to beat the competition as soon as this summer with the introduction of a small battery electric SUV, the EX30, in the US.