Despite the decline in electric car sales in Europe, Volvo’s electric models, the XC40 (recently renamed EX40) and the C40 (recently renamed EC40), continue to be built in Ghent for the European market. In fact, Volvo has seen unprecedented sales figures in the first months of 2024, making it the third-largest producer of electric cars in Europe. This year, fewer electric vehicles will be produced, but the long-term plan includes the introduction of the EX30 model, which is expected to further increase employment in Ghent.
The factory in Ghent is currently adapting to focus more on hybrid car production due to high demand for models like the XC40. Temporary contracts are being extended by six months as recruitment is ongoing for technical profiles and other shortage professions as Volvo plans to increase production in the long term. While temporary unemployment may continue to be a factor in the near future, Volvo is dedicated to maintaining a strong presence in the European market and continuing its success in the electric vehicle sector.
