Volvo has announced the strengthening of its strategy in the U.S., continuing to invest in the Ridgeville plant, located near Charleston, South Carolina, with the aim of achieving full utilization of the facility in the coming years.
The Swedish brand has invested USD 1.3 billion in that production unit over the last decade, consolidating its installed capacity of 150,000 cars per year and driving growth both in volume and financial performance.
Along with its factories in Europe and China, the South Carolina facility plays an important role in Volvo Cars’ future growth plans and its increasing focus on regional adaptation of products.
A first step towards better capacity utilization was announced earlier this year when Volvo Cars announced that it will introduce its best-selling mid-size SUV, the XC60, into the production line in South Carolina starting at the end of 2026. The company sold more than 27,000 units of the XC60 in the U.S. in the first eight months of 2025, an increase of nearly 20% compared to the same period in 2024. Currently, the Ridgeville plant produces the 100% electric Volvo EX90 SUV, as well as the Polestar 3.
“Our investment plans once again reinforce our long-term commitment to the North American market and our manufacturing operations in South Carolina”, said Håkan Samuelsson, CEO of Volvo Cars. “This year, we celebrate 70 years of Volvo’s presence in the United States. We have sold over 5 million cars in that country, and we intend to sell many more in the coming years.”
