Inovev forecasts 100,000 units per year of the new Volvo EX30
- The Volvo carmaker (subsidiary of the Chinese group Geely) has just presented its new B-segment battery electric SUV, the EX30, which shares its platform with the Smart 01. This model expands downwards Volvo's products range. It is in a way the successor of the B segment Volvo C30 (2006-2013). This extension of the range comes at the right time as the carmaker suffered a 13% drop in sales in 2022, falling from 652,000 units in 2021 to 569,000 units last year, a volume which is very far from the objectives of the carmaker set at 1 million sales in 2030.
- The new EX30 SUV competes with battery electric versions of B-segment SUVs like the Peugeot 2008, Opel Mokka, Hyundai Kona, Kia Soul and of course Smart 01 on which the Volvo EX30 is based. This category should be enriched with new models in 2023-2024, such as the future battery electric Mini Countryman and Aceman, as well as the future battery electric Skoda small SUV. The future battery electric Renault 4 could also be a competitor of the Volvo EX30.
- The new Volvo SUV is 4.23m long, 1.84m wide and 1.55m high. Its weight reaches 1,830 kilos for the two-wheel-drive version (weight of the C30: 1,350 kilos) and 1,965 kilos for the four-wheel-drive version. The battery has a capacity of 51 kWh or 69 kWh, with the higher capacity being standard on the four-wheel-drive version. The price should be between 37,500 and 50,000 euros depending on the version. Note that this model will be produced in China (alongside the Smart 01), in the Geely factory in Ningbo (south of Shanghai). Inovev forecasts 100,000 sales per year of this new small Volvo SUV.