STOCKHOLM, Oct 4 (Reuters) - Volvo Cars hopes to avoid hefty tariffs when importing its China-made electric vehicles into Europe by reaching an agreement on pricing, the company and the Swedish government said on Friday, boosting the carmaker's shares.

Sweden, the home of Volvo Cars, had said earlier it would abstain and that it hoped a deal could be reached to limit the impact of possible tariffs on the firm, which is majority-owned by China's Geely.

The European Commission plans to impose tariffs of up to 45 per cent on Chinese-made EVs, prompting Geely to express disappointment. Volvo Cars hopes to negotiate pricing to avoid tariffs on its portf