Inovev forecasts 50,000 units of the new Volvo EX60 by 2030
- Swedish carmaker Volvo, under Chinese ownership (Geely) since 2010, unveiled its new battery electric EX60 SUV (D segment) shortly after announcing its 2025 results. The new EX60 completes the brand's lineup of battery electric SUVs, which currently includes the EX30 (B segment), EX40 (C segment), and EX90 (E segment). It will be produced at the Torslanda plant in Gothenburg, Sweden, alongside the gasoline and hybrid versions of the Volvo XC60, unlike the EX30 and EX40, which are produced in Belgium, and the EX90, which is produced in the United States.
- It's worth noting that the XC60, both gasoline and hybrid versions, will continue to be sold in its current form, much like the current XC90, which coexists with the more modernly designed EX90. Similarly, the EX60's design is more modern than the XC60's, and it's 10 cm longer (4.80 m) and 2 cm lower (1.63 m). This dual-model strategy is also employed by BMW (for the X3) and Mercedes (for the GLC). The BMW iX3 and Mercedes GLC EQ are, in fact, the Volvo EX60's direct competitors, along with the Audi Q6 e- tron (although Audi uses specific model numbers for its electric versions).
- The Volvo EX60 is based on the carmaker's new SPA3 platform, specifically designed for battery electric models. This platform uses "cell -to-body" design, which allows the batteries to be integrated directly into the vehicle's structure, resulting in weight and rigidity savings. The 374 hp electric motor is paired with an 80 kWh NMC battery (range: 620 km). A dual-motor version with all-wheel drive, delivering either 510 hp or 680 hp , is paired with a 91 kWh NMC battery (range: 810 km). Inovev forecasts a production volume of 30,000 units in Sweden in 2027, 35,000 in 2028, 40,000 in 2029, and 50,000 in 2030.