Jeff Pu, a GF Securities analyst, claims that the larger foldable Apple device, previously expected in late 2026, has been delayed and will not enter mass production until later.
Volvo takes a $1.2 billion hit due to U.S. tariffs and production delays
"Due to import tariffs the company is currently unable to sell the Volvo ES90 profitably in the United States, while ES90 margins are also under pressure in Europe for the same reason."