Volvo joins Tesla in halting EV production due to Red Sea attacks
Baua Electric
JANUARY 12, 2024
The Ghent factory currently builds its fully electric XC40 and C40, with the EX30 EV added next year. Rerouting adds 10 days and $1 million in fuel costs to a journey from Asia to Europe, Reuters reports. Meanwhile, tensions are escalating with US and UK airstrikes on Houthi targets in Yemen, Reuters reports.
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