Your #1 source for auto industry news and content

Volvo unveils game-changing EX30 SUV for $35K, set to debut in 2025

The compact SUV features A 200 kW/268 hp single electric motor that powers the rear axle of a standard rear-wheel drive vehicle.

The Volvo five-passenger EX30 may be the first electric vehicle to reach America’s mass market. The Swedish luxury brand’s small SUV will arrive in U.S. dealerships by early 2025. 

The EX30 is primed to transform American’s perception of electric vehicles and make innovative technology accessible to a wide range of consumers. Constructed in substantial quantities in at least two global facilities, the EX30 has the potential to revolutionize the automotive industry, fulfilling GM’s expectations for its Chevrolet Equinox. However, production issues compelled GM to postpone its comparably priced EV until 2024.

Starting at $34,950, the small SUV is more than $10,000 less expensive than the typical new car in the United States and thousands more affordable than the typical EV.

Pricing and trim levels for the 2025 Volvo EX30:

Single Motor Extended Range:

  • Core: $34,950
  • Plus: $38,900
  • Ultra: $40,600

Dual Motor Performance:

  • Plus: $44,900
  • Ultra: $46,600

The compact SUV features A 200 kW/268 hp single electric motor that powers the rear axle of a standard rear-wheel drive vehicle. The 315 kW/422 hp Twin Motor variant can have all-wheel drive by adding an engine up front. According to EPA tests, the RWD Single Motor Extended Range EX30 can travel 275 miles between charges. Due to Volvo’s superior engineering and efficiency, the Twin Motor Performance should only travel 265 miles, which is an impressively modest drop. Additionally, in the Muscle cars, the dual-motor AWD EX30 can reach 60 mph in 3.4 seconds. Given that it’s primarily a grocery getter, the single-motor vehicle reaches 60 mph in 5.1 seconds. For leased EVs, the EX30 is eligible for a $7,500 federal tax credit.

Stay up to date on exclusive content from CBT News by following us on Facebook, Twitter, Instagram and LinkedIn.

Don’t miss out! Subscribe to our free newsletter to receive all the latest news, insight and trends impacting the automotive industry.

CBT News is part of the JBF Business Media family.

spot_img
Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

Related Articles

Latest Articles

From our Publishing Partners