Home Electric Vehicle Volvo EX90 electrical SUV already offered out for its first 12 months

Volvo EX90 electrical SUV already offered out for its first 12 months

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Volvo EX90 electrical SUV already offered out for its first 12 months

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The 2024 Volvo EX90 continues to be a number of months away from the beginning of deliveries, however the electrical SUV is already offered out for its first 12 months of manufacturing.

Volvo confirmed this in a press launch detailing its first-quarter 2023 monetary outcomes, though it did not disclose what number of autos can be constructed within the first-year manufacturing run, solely saying that buyer curiosity has surpassed inside projections.

2024 Volvo EX90

2024 Volvo EX90

“Consequently, Volvo Vehicles has closed the order e-book in the meanwhile as a result of the primary scheduled manufacturing run is offered out,” the corporate stated in an announcement, “however it’ll re-open once more quickly.”

Unveiled in November 2022 as an electrical counterpart to the three-row XC90 SUV, the EX90 shares the brand new Sustainable Electrical Structure (SEA) with the upcoming Polestar 3, and is slated to be constructed at Volvo’s South Carolina manufacturing unit. Volvo beforehand stated that plant would be the first to go-all electrical, with all factories transitioning to creating solely EVs by 2030.

2024 Volvo EX90

2024 Volvo EX90

General Volvo EV gross sales have additionally been fairly sturdy. In Q1 2023, 18% of Volvo’s car gross sales are EVs—up from 8% in Q1 2022, the corporate reported. Within the U.S., Volvo just lately reported that its Recharge autos—that means EVs and plug-in hybrids mixed—make up 26% of gross sales. However as Volvo factors out, its total U.S. lineup for 2023 is now gentle hybrid, plug-in hybrid, or EV.

The one two all-electric Volvo fashions presently on sale are the XC40 Recharge and its coupe-like sibling, the C40 Recharge. Each get a vary enhance, and can pivot to rear-wheel drive, for the 2024 mannequin 12 months (dual-motor all-wheel drive has been out there all through, however the present/earlier single-motor variations had been front-wheel drive). On the EX90’s unveiling final 12 months, Volvo additionally confirmed one other, smaller electrical SUV to be unveiled in 2023.

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