- Volvo’s 10 new models will include the all-electric ES90 sedan and extended-range hybrids.
- Some new models will use the updated SPA3 platform with high-efficiency electric motors.
- The automaker plans to launch these models globally, with many heading to the US market.
Volvo may not be transitioning to an all-electric lineup as quickly as it had once promised, but that doesn’t mean it’s going to kick up its feet and let its lineup age and die off. Far from it. The Swedish automaker confirmed plans to introduce a wave of new models, many of which are set to make their way to the U.S. market.
During a September 17 meeting with dealers, Volvo Cars CEO Jim Rowan and Chief Commercial Officer Bjorn Annwall doubled down on the company’s aggressive strategy, revealing plans to launch 10 new and refreshed models over the next two years. Attendees who spoke with Autonews confirmed that Volvo is fully committed to pushing forward with this ambitious product rollout.
Expanding Electric Range
The first of these new vehicles is the all-electric EX90 that’s already being built in the US. It’ll be followed by a smaller electric SUV known as the EX60, serving as the successor to the current XC60 and a luxurious and compelling alternative to the Tesla Model Y.
This new model, slated for a 2026 release, will be built on Volvo’s updated SPA3 platform. New high-efficiency motors are in development, with Volvo aiming for 93% efficiency, up from the 85% in its first-gen motors and surpassing the current 91% rating.
Read: Volvo EX60 To Debut New Advanced Platform, Paving The Way For Rapid EV Development
Moving further down the range, Volvo confirmed that the smaller battery-electric EX40, formerly known as the XC40 Recharge, is also just around the corner, and will be followed by the long-awaited EX30. Deliveries of the EX30 were supposed to start this summer, but they’ve since been moved back until 2025.
A New Wagon Is Coming Too
There’s good news for station wagon enthusiasts as a new model known as the EV60 Cross Country is being readied for production. Following that will be the debut of the new ES90 sedan, Volvo’s first-ever fully electric saloon.
High-Efficiency Hybrids On The Way
While many of these upcoming models will be battery-electric vehicles (BEVs), Volvo isn’t ignoring the hybrid crowd. The automaker is also preparing a lineup of plug-in hybrids with significantly extended electric ranges as part of its new strategy. These next-generation PHEVs will continue to use the same SPA1 platform as the XC60 and XC90 but with a notable boost in range. According to Volvo’s Chief Product and Strategy Officer Erik Severinson, these models will far surpass the outgoing XC90’s electric range, which maxes out at just 33 miles.
The updated PHEVs will also be equipped with the same high-efficiency electric motors set to power Volvo’s future EVs, promising improved performance and efficiency across the board.
According to Volvo Car USA and Canada president Michael Cottone, these new offerings “are exactly what luxury car buyers are looking for now and in the future. We’re just getting warmed up.”
