Volvo is finally unveiling its more affordable all-electric premium SUV, the EX30, after a series of teasers. Designed to have the lowest carbon footprint among Volvo’s offerings, this fourth EV model brings the company closer to its goal of going all-electric by 2030.
The EX30 incorporates Volvo’s renowned safety features and an updated Park Pilot Assist system, which helps users locate and maneuver into parking spaces. The SUV is available in five exterior colors and offers ambient light options inspired by Scandinavia, including a setting that mimics the northern lights, accompanied by ambient soundscapes. The interior ambiance feels more like a spa than a car, providing a comfortable and relaxing experience while driving.
The EX30 is offered in two variants: Single Motor Extended Range and Twin Motor Performance. Both variants can charge from 10% to 80% in approximately 26 and a half minutes, feature a 64 kWh usable battery, 268 rear horsepower, and offer 31.9 cubic feet of luggage space.
Here’s where the two variants differ: The Single Motor is rear-wheel drive, providing an estimated range of 275 miles, accelerating from 0 to 60 mph in 5.1 seconds, and delivering 253 lbs-ft of torque. On the other hand, the Twin Motor is all-wheel drive, with a slightly shorter range of 265 miles, faster acceleration from 0 to 60 mph in 3.6 seconds, and 400 lbs-ft of torque. Designed with performance in mind, the Twin Motor boasts 154 more horsepower (totaling 422 HP) compared to its single motor counterpart.
The Volvo EX30 is available for pre-order in the US, starting at $34,950, with a cross-country variant planned for launch next year. Volvo’s CEO, Jim Rowan, addressed the financial barriers often associated with purchasing an EV, stating, “We know that price and cost of ownership is still one of the biggest challenges when people consider switching to an electric car. With the Volvo EX30, we aim to bring premium, fully electric mobility to a much broader audience, helping to advance and expedite the transition to full electrification that our industry and society need.”
The EX30 is significantly more affordable than Volvo’s C40 and XC40 EV models, both starting around $55,000, as well as the upcoming EX90, which Volvo anticipates will be priced “under $80,000.”