Summary
- Volvo is introducing a new mid-size electric SUV, the EX60, in 2026 as part of five new EVs planned for its lineup
- The company has confirmed that the EX60 will be the first car built on its new SPA3 platform, aimed at continuous development of various car sizes
- Volvo revealed a new tech strategy focused on making cars that improve over time, with all future electric cars built on the new Superset tech stack
- While Volvo has adjusted its EV sales pledge to 90-100% by 2030, with room for hybrids if necessary, it still believes in the future of electric cars
- Volvo is expanding its electric vehicle offerings with the introduction of a new sedan (ES90) and the EX60 mid-size SUV, positioning itself to be a leader in the premium EV segment by focusing on technology and enhancing the driving experience.
Article
Volvo has announced the upcoming arrival of a new electric mid-size SUV, the EX60, which is set to debut in 2026. This vehicle will be one of five new electric models joining Volvo’s lineup, marking a significant step in the Swedish brand’s electrification efforts. The EX60 will be the first electric vehicle to be built on Volvo’s new SPA3 platform, showcasing the company’s commitment to advancing its technological base.
Despite delaying its pledge to achieve 100% EV sales by 2030, Volvo remains steadfast in its belief that electric cars are the future. The company already offers five EV models, including the EX40, EC40, EX30, EM90, and recently launched three-row EX90. Volvo has confirmed that five more electric models are in the works, with the EX60 being a key addition to its electric lineup. The new mid-size electric SUV will be built on the innovative SPA3 platform, enabling Volvo to continue developing a diverse range of electric vehicles.
Volvo recently unveiled its new tech strategy at its Capital Markets Day, emphasizing a focus on creating cars that improve over time. The company’s new Superset tech stack, which debuted in the EX90, will serve as the foundation for all future electric vehicles. This comprehensive tech platform incorporates all modules and functionalities into a single base, ensuring scalability across various models. Volvo’s forthcoming EVs, including the EX60 and ES90 sedan, will benefit from the advancements made with the EX90 and the Superset tech stack.
The ES90, Volvo’s upcoming electric sedan set to be revealed in March 2025, will be based on the current SPA2 platform. Despite adjusting its electrification goals, Volvo remains confident in the transition to electric mobility, with CEO Jim Rowan affirming the company’s commitment to an electric future. Volvo’s introduction of new electric SUVs, such as the EX30 and EX90, has been well-received, with the EX30 already becoming the third best-selling EV in Europe.
Like other automakers, Volvo is embracing software and technology as essential components of the future automotive landscape. While Volvo has revised its short-term EV sales targets, the company continues to invest in electrification across various vehicle segments. By expanding its electric lineup to include a sedan and mid-size SUV, Volvo aims to cater to a wide range of consumers and solidify its position as a leader in the premium EV segment. The company’s emphasis on tech and enhancing the driving experience underscores its long-term commitment to sustainable and innovative mobility solutions.
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