Volvo to Boost Output of Electric SUV After Orders Top Forecasts

Volvo Car AB will increase planned production of its fully-electric EX60 SUV after European orders exceeded expectations with more than 3,000 cars booked in Sweden alone within weeks of its reveal.

The Geely-owned carmaker plans to raise output at its Torslanda plant in Sweden, according to a statement Wednesday. The company is also in talks with labor unions about keeping the factory open an extra week this summer ahead of customer deliveries.