Volvo is open to building Chinese EVs in America, CEO says

Volvo CEO Håkan Samuelsson said Western automakers faced "huge competition pressure" from Chinese rivals. James Cheadle/Getty Images Volvo's CEO told BI he was open to building EVs from its Chinese parent company, Geely, at its US plant. Håkan Samuelsson said the decision would depend on Geely navigating strict US regulations on Chinese EVs. Geely's top-selling EV costs about $9,700 in China, but the company has been blocked from the US by high tariffs. The US is missing out on cheap Chines...