Volvo's cheapest EV, the EX30, has already passed an important milestone. The 100,000th Volvo EX30 rolled off the line on September 30 as demand for the low-cost electric SUV continues to rise.
After starting production of the EX30 last fall in China, Volvo has already built its 100,000th model. The milestone comes as sales continue to boom.
Volvo has announced that the 100,000th mass-produced EX30 will officially roll off the assembly line on September 30, 2024.
Despite its compact size, the EX30 is packed with the technology and safety that the Volvo brand promises to deliver. As Volvo says, the EX30 is “small but mighty” and is a new beginning for the brand.
Starting at around $40,000 (30,000 euros), the EX30 is Volvo's cheapest and smallest EV. In China, it starts at around $28,600 (200,800 yuan). However, it has already made a big impact on the Volvo brand.
In accordance with DataforceThe EX30 was the second best-selling EV in Europe last month, behind only the Tesla Model Y.
Although EV registrations fell by 43.9% in the EU last month, Volvo saw a significant increase in sales.
Volvo's cheapest EV charges sales
Volvo car sales increased 36% YOY to 19,605. EX30 led the way in growth, adding 6,377 to the total.
The milestone comes despite Volvo's cheapest EV being delayed in the US. Volvo was expected to launch the EX30 in the US later this year, but it will arrive in the second half of 2025.
Volvo delayed it after the US announced a new 100% tariff on EV sales from China, where the EX30 is built.
To avoid additional costs, Volvo plans to build EX30 models at its plant in Ghent, Belgium and ship them to the US. Starting at $34,950, the EX30 will not only be Volvo's cheapest EV in the US but also one of the most affordable electric vehicles on the market.
The EX30 achieves a combined WLTP range of 295 miles (476 km). In the city, it can travel up to 367 kilometers (592 km). In the US, the EX30 is expected to have an EPA-estimated range of up to 275 miles.
Meanwhile, Volvo is taking delivery of its first three-row electric SUV, the EX90, this month (see our review here). The first EX90 rolled off the production line at its South Carolina plant in June as Volvo looks to revive US sales.
With two new electric SUVs arriving in high-demand segments, Volvo is poised to continue the momentum as US sales soar.
FTC: We use auto affiliate links to earn income. More.
