Volvo teases a new affordable EV to replace discontinued EX30

Source: The Verge

Background

Volvo’s compact, quirky EX30 faced several challenges after its launch. Tariffs effectively erased its affordability, making ownership more expensive, and a battery recall raised safety concerns for indoor parking. Despite its discontinuation, Volvo has not abandoned its push for more affordable electric models.

New Affordable EV for the US

During a media roundtable this week about the US launch of the new EX60, Luis Rezende, president of Volvo Cars America, indicated that the decision to discontinue the EX30 was not solely based on its issues. The Swedish automaker is already developing a new, budget‑friendly EV aimed at the US market to replace the EX30.

Read the full story at The Verge.