Volvo is developing a new affordable electric vehicle for the US market to replace the discontinued EX30, which faced challenges including tariff-related price increases and battery safety issues. The announcement was made during a media event for the new EX60 launch, though specific details about the replacement model remain scarce. This move signals Volvo's continued commitment to the affordable EV segment despite previous setbacks.
Background
The Volvo EX30 was initially positioned as an affordable compact electric SUV but faced significant challenges including tariff-related price increases and a battery recall that made it unsafe to park indoors. Volvo is a Swedish automaker known for its focus on safety and has been transitioning its lineup to electric vehicles.
- Source
- The Verge
- Published
- May 19, 2026 at 04:41 AM
- Score
- 6.0 / 10