"You have 10% of the [car's cost] to play with in terms of logistics," Rowan said. "So you take away that logistics cost and you also get much closer to the customer, so you don't have an inventory holding cost."
...we expect to have by and large the same gross margin from the product produced in Belgium as we do in the product produced and shipped from China." Rowan claimed Volvo was within 15-20% of gross margin on the EX30 and even after moving production to Ghent, it would still be 'within that operating margin.'
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