Volvo Vehicles has had a small card… or automotive, up its sleeve that it’s nearly prepared to point out to the world. A brand new small SUV dubbed the “Volvo EX30” will make its world debut in lower than a month and can immediately change into out there to order. For now, Volvo is “drip dropping” information on its newest EV mannequin in a video out there to view beneath.
Volvo Vehicles Corp. is driving excessive after a stellar first quarter of 2023, following a noteworthy 2022 previous to that. The legacy automaker, properly on its method to delivering a completely electrical lineup of automobiles, noticed a doubling of EV gross sales final 12 months, which accounted for 11% of its whole and contributed to its document annual income of $32 billion.
One full quarter into 2023, Volvo picked up proper the place it left off, reporting EV gross sales had expanded one other 157%, led by its two BEV fashions – the XC40 Recharge and C40 Recharge – each of which lately noticed efficiency upgrades, together with an RWD possibility for the primary time in 15 years.
Volvo’s third all-electric possibility shall be a big SUV known as the EX90, already being touted by its makers because the most secure automobile from the model so far. Attributable to such hype surrounding the upcoming EV, Volvo lately needed to shut orders as a result of its whole first 12 months of manufacturing is now bought out.
Fortunately, Volvo Vehicles has one other, albeit smaller, SUV known as the EX30 within the works that shall be out there for reservations subsequent month.
Try the ‘small’ teaser for Volvo’s EX30 SUV
In January, we reported on the EX30 as certainly one of Volvo’s six upcoming electrical fashions noticed in an organization presentation that additionally included plans for its first all-electric minivan. On the time, Volvo CEO Jim Rowan mentioned the EX30 can be revealed on June 15 and elaborated on the customers it will likely be focused towards:
The brand new smaller one [SUV] is a brand new addition to the vary. The age demographic at Volvo is just a little older than we’d like. We’d prefer to get some extra youthful individuals into the model. That shall be a very nice value level I believe for an entry stage. Very secure, respectable [driving] vary, good dimension nonetheless, smaller than a 40, we’re going to speak to a totally totally different demographic, for the primary time in all probability. And that youthful demographic will in all probability be those that store on-line.
In the present day we’ve realized that the upcoming EX30 will truly be revealed per week earlier, on June 7, 2023. Right here’s the appropriately small press launch from Volvo this morning:
On June 7 at 7:30 a.m. EDT, the brand new, absolutely electrical Volvo EX30 SUV will make its world debut. On the identical date, it should additionally change into out there to order within the US. So preserve your eyes peeled, as we’ll reveal much more particulars on our new small SUV in coming weeks. Considering small is certainly one of our largest concepts.
We’re sure to be taught extra concerning the true dimension and capabilities of the EX30 small SUV throughout its world debut occasion, however within the meantime, Volvo has shared the next teaser video showcasing some views of the SUV’s rear, hood, and headlamps. Take a look.
With the latest finish to the Chevy Bolt, you like to see different automakers taking purpose on the small SUV market, truly utilizing the “small” as a promoting level. This, in opposition to a backdrop of different automobile makes simply getting greater and larger.
We don’t know a lot concerning the EX30 but however by the little(!) teaser, we’re proven that it’ll have a decidedly fashionable Scandinavian inside, small footprint and it’ll probably tackle a number of the design components of the favored EX90.
Value? We’re going to guess within the low to mid $40Ks earlier than any incentives. Not Chevy Bolt low cost but additionally not a break the banker both.
Clearly since we’re getting the drip drop information, it will likely be launched within the US and also you (and us too) should keep tuned for extra particulars over the subsequent month.
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