Core Viewpoint - Volvo Cars is expanding production at its US plant in Ridgeville, South Carolina, to localize production, mitigate tariffs, and cater to the US market's specific demands [1][5][6] Group 1: Production Expansion - Volvo will introduce a fourth vehicle model at its Ridgeville plant, which is expected to be a next-generation hybrid designed for the US market [1][2] - The company plans to start producing its bestselling XC60 midsize SUV at the South Carolina facility by late 2026, currently manufactured in Gothenburg, Sweden [2][3] - The Ridgeville plant has an installed production capacity of 150,000 cars per year and currently produces the fully electric Volvo EX90 SUV and Polestar 3 [3] Group 2: Financial Commitment - Volvo's total investment in its US plant amounts to $1.3 billion, reinforcing its long-term commitment to the US market [4] - The XC60 has seen significant sales growth, with over 27,000 units sold in the US in the first eight months of 2025, marking a nearly 20% increase year over year [3] Group 3: Tariff Impact - The expansion of US manufacturing is largely driven by the imposition of tariffs on global imports, with cars imported from Sweden and the EU facing a potential 15% tariff [5][7] - Current tariffs on vehicles imported from China are at 100%, prompting Volvo to relocate production of its EX30 from China to Ghent [7]