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Volvo officially unveils the EX30, its compact electric SUV

It's set to be Volvo's most economical and environmental EV yet.

Volvo

After a few teases, Volvo is finally revealing the EX30, its more affordable all-electric premium SUV. Designed to have the lowest carbon footprint of all its offerings, Volvo’s fourth EV brings the company’s plan to go all-electric by 2030 one step closer to becoming a reality.

The EX30 includes all of Volvo’s typical safety features and an updated Park Pilot Assist that will help you find parking spaces, along with getting into them. It also comes in five exterior colors and ambient light offerings inspired by Scandinavia, including a northern lights setting, with paired ambient soundscapes. It comes off more like what you’d get in a spa than a car, but as long as you don’t get too cozy while driving, it should be nice.

The EX30 is available as a Single Motor Extended Range or Twin Motor Performance. They charge from 10 to 80 percent in 26 and a half minutes, have 64 kWh of usable battery and 268 rear horsepower. Plus, there's 31.9 cubic feet of luggage space.

Now, where they differ: The Single Motor is real-wheel drive, offering an estimated range of 275 miles, going 0 to 60 in 5.1 seconds and with 253 lbs-ft of torque. The Twin Motor is all-wheel drive with a slightly shorter range at 265 miles, goes 0 to 60 in 3.6 seconds and has 400 lbs-ft of torque. Built with performance in mind, the Twin Motor delivers 154 more horsepower (a total of 422 HP) than its single motor sibling.

The Volvo EX30 is available for pre-order in the US starting at $34,950, with a cross-country variant launching next year. In a statement about the EX30’s release, Volvo’s chief executive Jim Rowan commented on the frequent financial barrier to buying an EV. “We know that price and cost of ownership is still one of the biggest challenges when people consider switching to an electric car,” he said. “With the Volvo EX30, we aim to bring premium, fully electric mobility to a much broader audience, helping to advance and speed up the transition to full electrification that our industry and society needs.”

The EX30 is significantly cheaper than Volvo’s C40 and XC40 EVs — both with a starting price around $55,000 and the upcoming EX90, which Volvo says will be “under $80,000.”

Black car interior with navigation screen.
Volvo