Volvo kills off another EV for the US, but it has a replacement coming in 2027 — SkimNews
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- Volvo is discontinuing the EX40 from its US lineup after the 2027 model year, following the earlier exit of the EX30 and EC40.
- Volvo confirmed the updated EX40 will remain available in Europe but not in the US or Canada, narrowing its American EV offerings.
- Volvo will introduce a new entry-level electric crossover, the EX50, by the end of 2027, starting under $50,000 and built on the SPA3 platform.
- Volvo filed a trademark for the EX50 with the European Union Intellectual Property Office on July 14, 2026, confirming it will be an electric vehicle.
- The EX60 becomes Volvo’s most affordable US EV at $59,795, featuring 800V architecture enabling 165 miles of range in 10 minutes and a built-in NACS charge port.
- Electrek notes Volvo’s reduced US EV ambitions are tied to policy changes, including the loss of the $7,500 federal tax credit and import tariffs.
Why it matters: Volvo’s retreat from affordable EVs in the US leaves a $10,000 price gap between the outgoing EX40 and upcoming EX50, delaying access to competitive pricing. The delay risks ceding market share to rivals while relying on a $60,000 model as its entry point during a critical phase of EV adoption.
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