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Volvo to Follow EX60 with "Lower-Priced" EV for Europe in 2027

Summary by Autocar UK
Successor to ageing XC40 in the frame as Swedish firm lines up second EV on its new SPA3 platform Volvo will launch a second electric car based on its new SPA3 platform in Europe next year, after the EX60 SUV. Primed to begin deliveries after summer, the new model will target “a large lower-priced market segment” than the EX60, which ranges from £57,000-£70,000. The new model is one of 13 new cars Volvo will launch globally by 2030 and will be d…

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Next year, Volvo will launch its second model based on the SPA3 platform after the EX60: the EX50, a 100% electric compact SUV called to replace the current EX40, which it will surpass in aspects such as autonomy or charging times. The Volvo EX60 has been in charge of launching the new SPA3 platform, a state-of-the-art architecture that, according to the Swedish firm, will speed up the development of its future electric cars. It is expected that…

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Autocar UK broke the news on Friday, October 23, 2026.
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