“Demand for the Volvo EX90 stays excessive, and to make sure a high-quality introduction of the automobile and to maximise buyer profit from its expertise from Day 1, Volvo Automobiles wants extra time in software program growth and testing and is adjusting the deliberate begin of manufacturing timing,” the corporate mentioned in an announcement.

The delay additionally impacts the Polestar 3, which shares a platform with Volvo’s upcoming top-of-the-line SUV.

The EX90 – A New Volvo Flag-Bearer

The 2024 EX90 is a 3-row electrical SUV with a classy new tackle Volvo’s normal broad-shouldered design language and a few of the most superior new security applied sciences the automotive business has ever seen.

Its high-tech security suite has 16 ultrasonic sensors, 5 radar methods, and a brand new LiDAR array constructed instantly into the roofline. The sensors watch what’s taking place outdoors the automobile to feed accident-avoidance expertise that, Volvo says, can react to occasions sooner than different vehicles as a result of they see additional down the highway. In addition they watch contained in the automobile — the EX90 can convey itself to a cease and name for assist if its driver suffers a medical incident.

Programs that don’t have anything to do with security are high-tech, too. The automobile’s headlights can blink in a signature sample modeled on Thor’s hammer, That’s, pixelated daytime operating lights half to disclose projector lamps when it will get darkish.

At launch, the EX90 will are available only one configuration — all-wheel drive (AWD) with 496 horsepower and the power to recharge to 80% of its battery capability in about half-hour from a DC quick charger.

Volvo hasn’t revealed the automobile’s vary. Costs are underneath wraps, too, although CEO Jim Rowan informed reporters on the automobile’s debut that it could be out there “well-equipped for underneath $80,000.”

The corporate hasn’t revealed the ultimate worth, however that didn’t cease patrons. Volvo just lately closed order books, saying it had already acquired sufficient reservations from consuming the automobile’s complete first manufacturing run.

The Polestar 3 – A Fashionable, Highly effective Various

Polestar isn’t Volvo, however the two corporations stay intently tied collectively. The upcoming 2024 Polestar 3 rides on the identical platform because the EX90 and makes use of most of the similar security applied sciences.

Polestar was as soon as an in-house efficiency division constructing speedier Volvos. However the firm is within the means of transferring out of Dad’s home, now promoting a number of non-Volvo merchandise just like the high-riding Polestar 2 sedan.

Future merchandise, Polestar says, will probably be designed fully by Polestar engineers. However the upcoming 3 nonetheless has Volvo bones. It’s stronger than the EX90 — good for as much as 517 hp in some configurations.

It seems sleeker than the massive Volvo and affords simply two rows of seating.

The Polestar 3 begins at $85,300.

The 2 vehicles seem to share a few of the similar software program. In an announcement, Polestar says the corporate “was just lately knowledgeable that extra time for ultimate software program growth of the brand new all-electric platform shared by Volvo Automobiles is required and that the beginning of manufacturing of Polestar 3 is now anticipated within the first quarter of 2024.”

Tax Credit score Query Nonetheless Unclear

Each vehicles will probably be inbuilt Volvo’s South Carolina plant. The Polestar 3, due to its worth, is not going to qualify for federal EV tax credit. As a result of Volvo hasn’t revealed pricing for the EX90, we don’t but know whether or not we are able to say the identical about that automobile.

The US authorities gives tax incentives of as much as $7,500 on some EVs inbuilt North America. However a few of the tax credit score depends upon the place vital battery minerals had been mined. The credit score solely applies to vehicles priced underneath $55,000 and SUVs priced underneath $80,000. Volvo might handle to maintain some variations of the EX90 underneath that threshold, however seemingly not all of them.