While Volvo may not transition to a fully electric lineup as quickly as previously promised, it remains committed to the idea. The company has confirmed plans to introduce a wave of new models, many of which will make their way to the U.S. market over the next two years.
During a meeting held on September 17 with dealers, Volvo's CEO Jim Rowan and Commercial Director Bjorn Annwall reaffirmed the company's bold strategy. They revealed plans to launch 10 new and updated models over the next two years, emphasizing that Volvo is fully committed to pushing forward with its ambitious product plans.
The first of these new vehicles is the fully electric EX90, which is already being manufactured in the United States. It will be followed by a smaller electric SUV known as the EX60, which will serve as a successor to the current XC60 and a luxurious alternative to the Tesla Model Y.
This new model, set to launch in 2026, will be built on Volvo's updated SPA3 platform. New high-efficiency engines are currently being developed, with Volvo targeting an efficiency of 93%, up from 85% in first-generation engines and exceeding the current rating of 91%.
Volvo also confirmed that the smaller electric EX40, previously known as the XC40 Recharge, is set to debut as well. Deliveries of the EX30, which were supposed to start this summer, have since been delayed until 2025.
