The company’s CEO has confirmed the EX30, aimed at younger buyers around the globe, will debut in the summer
He also mentioned that offering a subscription-based ownership would likely attract younger customers, especially since they tend to shop online. Volvo currently offers such plans in some markets, including some U.S. states. The program launched in Canada in 2019, with customers paying a monthly fee covering ownership costs and able to switch to a different vehicle every 12 or 24 months, but it was eventually discontinued.
Rowan said both the EX90 and EX30 will go into production before the end of 2023. We know we’ll be getting the 2024 EX90 in Canada, but we’ll have to wait a while longer for the EX30’s official reveal for news on when and where it will go on sale. It will be built in China – Sweden-based Volvo is owned by China’s Geely Global automotive – and may use that company’s scalable electric platform, along with offering several battery sizes to meet price and market demands.
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