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Volvo Wants U.S. Batteries For The EX90 As Tariffs 'Take A Bite' Out Of Profits

Volvo SUV South Carolina United States AESC SK On
  • Volvo is looking for a U.S.-based battery supplier for the EX90 electric SUV.
  • The EX90 is built in South Carolina but its batteries come from China's CATL.
  • Volvo was forced to increase the EX90's price because of increased import tariffs on Chinese batteries.
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