Volvo Cars to drop EX30 in U.S. market as tariffs hurt profitability On March 17, Volvo Cars confirmed it will end U.S. sales of the EX30 and EX30 Cross Country after the 2026 model year, with dealer orders closing on March 20 and production of U.S.-bound vehicles winding down throughout the summer. The model will continue to be sold in Canada, Mexico, and other global markets. Volvo Cars attributed the cancellation to financial and market-specif...

News  Updated at: 2026/03/18

Volvo Cars to increase production of EX60 amid strong demand On March 4, Volvo Cars announced that it is increasing 2026 production volumes of its fully electric SUV, the Volvo EX60, at its Torslanda plant, Sweden, following strong customer demand in Sweden and other key markets such as Germany. The orders for the Volvo EX60 are coming in faster than they did for the Volvo EX30. Currently, orders are open only in European markets, while order boo...

News  Updated at: 2026/03/05

QNX, Haleytek join on software-defined audio for Volvo Cars' EX60 EV SUV On February 3, QNX, a division of BlackBerry Limited, announced an expanded collaboration with Haleytek to enable a fully centralized Software-Defined Audio (SDA) architecture for Volvo Cars' upcoming EX60 fully electric SUV, supporting Volvo Cars' progress in its Superset tech stack strategy that unifies hardware and software into a scalable, future-ready platform. The EX60...

News  Updated at: 2026/02/04

Volvo EX60 to feature Breathe adaptive charging technology On January 23, Breathe Battery Technologies, a battery performance company, announced that the all-electric Volvo EX60 will feature Breathe’s adaptive charging software, which enables improved range and charging performance in production. With the integration of Breathe’s adaptive charging software, the new EX60 will achieve up to 810 km range on a single charge, charge from 10–80% ...

News  Updated at: 2026/01/27

Volvo Cars reveals first look of EX60 Cross Country On January 21, Volvo Cars revealed the first glimpse of the EX60 Cross Country, which features all the benefits found in the EX60, including electric range, fast charging, and state-of-the-art technology. The vehicle measures 4,811 mm in length, 1,899 mm in width, 1,651 mm in height, with a wheelbase of 2,970 mm. The model is 20 mm higher than the standard EX60, with air suspension allowing an a...

News  Updated at: 2026/01/22

Volvo Cars unveils all-new EX60 mid-size EV with up to 810 km range On January 21, Volvo Cars unveiled the all-new EX60, an electric mid-size SUV. The all-new EX60 is built on Volvo Cars’ SPA3 electric architecture and powered by the HuginCore system. The vehicle measures 4,803 mm in length, 1,899 mm in width, 1,635 mm in height, with a wheelbase of 2,970 mm. The all-new EX60 is offered with three powertrain options:the P12 AWD Electric with a ...

News  Updated at: 2026/01/22

Volvo Cars announces new fully electric EX60 with AI-powered features On January 15, Volvo Cars announced that the new fully electric EX60 will be the first Volvo designed to launch with Gemini, Google’s AI assistant, making it the company’s most intelligent and technologically advanced car to date. The new mid-size electric SUV is packed with state-of-the-art, AI-powered technologies. The EX60 features the latest version of HuginCore, Volvo...

News  Updated at: 2026/01/15

Volvo Cars reveals teaser images of all-new EX60 On January 8, Volvo Cars unveiled teaser images of the all-new EX60, highlighting its best-in-class driving range in an all-wheel-drive configuration. The EX60 is built on new SPA3 electric architecture, which improves efficiency across key systems. It offers the longest range of any electric Volvo ever produced, offering up to up to 810 kilometres on a single charge. Using a 400-kW fast charger, t...

News  Updated at: 2026/01/08

NIB and Volvo Cars signs EUR 150 million loan to fund next-gen EV platform On September 4, Nordic Investment Bank (NIB) and Volvo Car AB signed an 8-year EUR 150 million loan agreement to support research and development for Volvo’s next-generation electric vehicle platform, SPA3, and the new EX60 model. The investment will take place between 2024 and 2026. The project supports Volvo Cars’ transition to an all-electric lineup. The SPA3 platfo...

News  Updated at: 2025/09/08

Volvo Cars to unveil all-electric EX60 SUV in January 2026 On September 3, Volvo Cars announced that it will reveal the new Volvo EX60 on January 21, 2026, in Stockholm, Sweden. The new EX60 is Volvo Cars’ first fully electric premium mid-size SUV, built on its latest technology platform. It will offer the longest electric range of any Volvo so far and introduce a new user experience, making it a key model in Volvo’s move toward becoming a fu...

News  Updated at: 2025/09/03

Hatchbacks such as the A-class and A1 are expected to be discontinued and the loss of these volume models will put downward pressure on the bodystyle’s market share. However, several automakers are streamlining their production efforts to focus on more profitable models as a result. For example, Volvo is continuing to add a range of electric SUVs to its line-up. The EX30 and EX90 were introduced in 2023 and 2024, respectively, while production...

News  Updated at: 2025/07/29

Volvo Cars provides update on cost and cash turnaround plan On July 17, Volvo Cars announced that its SEK 18 billion cost and cash turnaround plan is fully on track and the company is confident about more positive effects from the programme. The reduction of 3,000 jobs worldwide is going into execution, and around 1,100 employees have already left the company. This will help reduce expenses and create a leaner, more efficient organization. Volvo ...

News  Updated at: 2025/07/18

Volvo Cars announces SEK 11.4 billion impairment charge due to tariffs and EV launch delays On July 14, Volvo Cars announced that it will record a one-off non-cash impairment charge of SEK 11.4 billion in the second quarter of 2025. The charge stems from revised financial assumptions related to the EX90 and ES90 platforms, following past launch delays and newly imposed import tariffs in several key markets. Despite a major software upgrade and a ...

News  Updated at: 2025/07/15

Volvo Cars partners with Polestar to jointly develop Polestar 7 at Kosice Plant in Slovakia On July 3, Volvo Cars and Polestar signed a memorandum of understanding (MoU) to jointly develop and produce Polestar’s upcoming premium compact SUV, Polestar 7, at Volvo’s new manufacturing facility in Kosice, Slovakia. The Polestar 7 is expected to launch in 2028. If final agreements are reached, it will be the second model produced at the Kosice pla...

News  Updated at: 2025/07/03

Volvo Cars signs recycled steel deal with SSAB, Sweden On June 12, Volvo Cars signed a new agreement with SSAB for the supply of high-quality, recycled, and near-zero-emission steel starting in 2025. Volvo Cars is the first car maker to sign a supply agreement with SSAB for recycled, near-zero-emission steel for serial production deliveries. The recycled steel will be used in selected components of the forthcoming electric EX60 SUV, as well as ot...

News  Updated at: 2025/06/12

Volvo Cars unveils world’s first multi-adaptive safety belt, Debuting in EX60 SUV On June 5, Volvo Cars unveiled the world’s first multi-adaptive safety belt to improve safety and protection for all passengers in real-world traffic situations. The new safety belt, debuting in the fully electric Volvo EX60 in 2026, uses real-time data from the car’s sensors to adapt to both traffic conditions and the person wearing it, offering better prote...

News  Updated at: 2025/06/05

Volvo Cars to build all upcoming electric cars on unified technology platform On September 5, Volvo Cars announced a new, game-changing approach to technology, channeling all engineering efforts into one direction to define its future. Starting with the EX90, its future electric cars will be based on the same fundamental core of systems, modules, software, and hardware, called the Volvo Cars Superset tech stack. It can be configured in many ways....

News  Updated at: 2024/09/05