During last week’s Q1 earnings call, Lotus CEO Feng Qingfeng stated that the company is considering U.S. production to offset tariff-related losses: “We are trying to leverage our U.S. strategy to catch up the losses due to the tariff hike,” he said. Now Automotive News reports that models like the Emira sports car and upcoming EVs could be assembled at Volvo’s South Carolina plant.
Source: Motor1.com
Lotus Might Build Cars at Volvo Factory In America
Lotus will continue to make cars in Norfolk and is also exploring the assembly of vehicles at Volvo's Ridgeville factory in the US.
www.motor1.com
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