Volvo has unveiled its latest all-electric SUV, and its price will make the it among the most affordable EVs on the market.
After teasing out details for weeks, Volvo has officially unveiled the EX30, its latest all-electric SUV. We’ve already reported that it will be the Swedish brand’s smallest SUV to date, yet it will feature ample versatility and novel details like a first-of-its-kind audio soundbar. It also boasts the lowest carbon footprint of any vehicle made by the luxury automaker. And, it being a Volvo VLVLY, the EX30 promises new levels of safety.
This is a big deal because electric vehicles still command a premium over their gasoline-only counterparts at this stage in the EV game. The XC40 Recharge EV, for example, begins at $53,550 — $17,000 beyond the gas-powered version. If you want evidence that Volvo is moving quickly and intentionally toward becoming an all-electric brand, the proof is in the price.
The Twin Motor Performance EX30 will boast 422 horsepower — 20 more than the larger XC40 Recharge. And here’s the icing: Volvo says the dual-motor EX30 will make the zero-to-60-mph sprint in just 3.4 seconds. For context, only expensive, high-performance sports cars were putting up that kind of time until recently. And no Volvo has ever notched them, making the dual-motor version of the EX30 the fastest accelerating vehicle Volvo has ever made. No wonder they call it mighty.
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