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 electric SUV in the US and Canada after the 2027 model year, though it will continue to be sold in Europe
- With the EX30, EC40, and EX40 all gone from the US market, the EX60 — starting at $59,795 — becomes Volvo's most affordable EV available to American buyers
- Volvo filed an EUIPO trademark for "EX50" on July 14, 2026, and plans to launch the electric crossover by the end of 2027 with a starting price under $50,000
- The EX50 will ride on Volvo's SPA3 platform, the same architecture underpinning the EX60, and will be taller and longer than the outgoing EX40
- The 2027 EX60 features 800V electrical architecture (adding 165 miles of range in 10 minutes) and is Volvo's first EV with a built-in NACS port, granting access to over 29,000 Tesla Superchargers without an adapter
- Volvo cited the Trump administration's elimination of the $7,500 federal EV tax credit and added import tariffs as reasons it has struggled to sell EVs in the US, and has already scaled back its 2030 all-electric commitment
Why it matters: American EV shoppers lose another mid-priced option — the 2026 EX40 started at $56,545 — and won't see Volvo's planned replacement until late 2027 at the earliest. The $15,000 gap between the $35,000 EX30 that was promised but never shipped to the US and the upcoming $50,000 EX50 shows Volvo's "entry-level" EV tier keeps drifting out of reach.
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