{"id":65340,"date":"2024-01-08T10:08:07","date_gmt":"2024-01-08T15:08:07","guid":{"rendered":"http:\/\/autosector.com\/?p=65340"},"modified":"2024-01-08T10:08:07","modified_gmt":"2024-01-08T15:08:07","slug":"volvo-ex30-best-seller-first-evs-eu-buyers","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=65340","title":{"rendered":"Volvo EX30 to become a best-seller as the first models reach EU buyers"},"content":{"rendered":"
\n\t\t\t\"Volvo-EX30-best-seller\"<\/p>\n<\/figure>\n

Don\u2019t underestimate the Volvo EX30\u2019s<\/a> small size. As the first EX30 models reach European buyers, Volvo sees it as a best-seller over the next few years.<\/p>\n

<\/p>\n

In June, Volvo unveiled its smallest and cheapest SUV, the EX30 (see our revie<\/a>w<\/a>). The Swedish automaker calls the electric SUV a \u201ccornerstone\u201d of its EV plans. <\/p>\n

Starting at $34,950 (36,000 euros), it will be one of the most affordable electric cars on the market. With \u201cabove-expected order rates,\u201d Volvo will build the EX30<\/a> at its Ghent, Belgium plant (in addition to China) to meet the growing demand in Europe for low-cost EVS. <\/p>\n

Although EU production isn\u2019t expected to begin until 2025, Volvo revealed the first EX30 models were handed over to customers last month. <\/p>\n

In December, Volvo began deliveries<\/a> in Belgium, The Netherlands, Spain, and Portugal in one of the most highly anticipated EV rollouts.<\/p>\n

The company said the first EX30 deliveries mark a \u201csignificant milestone\u201d in the company\u2019s growth and EV strategies. Volvo expects the EX30 to become \u201cone of your best sellers in the coming years.\u201d <\/p>\n

\"Volvo-EX30-best-seller\"
Volvo EX30 (Source: Volvo Cars)<\/figcaption><\/figure>\n

Volvo expects the EX30 to become a best-seller.<\/h2>\n

With \u201cabove-expected order rates,\u201d the EX30 is drawing significant attention. Despite a slowdown in December, Volvo hit a new sales record<\/a> in 2023. Volvo\u2019s EV sales were up 70% last year, with over 113K purely electric vehicles sold.<\/p>\n

Volvo\u2019s EVs accounted for 16% of total sales, up from 10.9% in 2022. However, Volvo expects to turn things up this year with a full year of EX30 sales. <\/p>\n

CEO Jim Rowan said he expects \u201creasonably decent volumes\u201d in 2024 with new models launching in key segments. <\/p>\n

\"Volvo-EX30-best-seller\"
Volvo CEO Jim Rowan during the EX30 launch (Source: Volvo Cars)<\/figcaption><\/figure>\n

Volvo\u2019s first three-row electric SUV, the EX90, will go on sale soon. It will start at $76,695 in the US as a direct rival to the Rivian R1S<\/a> and Mercedes EQS.<\/p>\n

In China, Volvo is also launching its first electric minivan<\/a>, the EM90. The EV minivan features a \u201cScandinavian living room\u201d and up to 450 mi CLTC range. <\/p>\n

Rowan confirmed the company<\/a> is \u201cnot seeing any order cancellations or any slowdown in order intake\u201d last month when asked about the \u201creported slowdown.\u201d<\/p>\n

\"Volvo-EX90\"
Volvo EX90 (Source: Volvo)<\/figcaption><\/figure>\n

Volvo Car USA spokesperson Russell Datz told Electrek<\/em> Volvo EX30 deliveries are still on track to begin<\/a> in the US this summer. <\/p>\n

The electric SUV will be available in two powertrains: Single Motor Extended Range and Twin Motor Performance. The extended range model features up to 275 miles range while the Performance variant gets 265 miles. <\/p>\n

Meanwhile, with 422 hp and 400 lb-ft of torque, the performance version is Volvo\u2019s quickest car yet. It can go from 0 to 60 mph in 3.4 seconds. <\/p>\n

\"Volvo-EX30-best-seller\"
Volvo EX30 (Source: Volvo Cars)<\/figcaption><\/figure>\n

You can learn more about the EX30 and reserve your model on Volvo\u2019s website<\/a>. Volvo says a dealer will help finalize the process ahead of deliveries. <\/p>\n

Electrek\u2019s Take<\/h2>\n

Volvo is launching the EX30 at the perfect time. Demand for affordable electric cars continues building. <\/p>\n

In the US, two of the cheapest EVs, the Chevy Bolt and Nissan LEAF, are due for replacements. GM already stopped building the low-cost Bolt at the end of 2023 (although you can still get it for under $20K<\/a> while in stock).<\/p>\n

The Bolt EVs replacement isn\u2019t due out until next year, giving the EX30 a full sales year to get ahead. <\/p>\n

The same situation is happening in Europe. Several automakers are targetting the low-cost EV market, including Stellantis with the Citroen e-C3<\/a>. The electric car starts at around 23,000 euros (24,500) as one of Europe\u2019s most affordable EVs. <\/p>\n

Volkswagen also plans to launch its $27,000 (25,000 euro) EV, the ID 2all. However, a recent local media report suggests VW may delay ID 2all volume production<\/a> by another year, giving Volvo a bigger window to expand.<\/p>\n

What do you guys think? Will the Volvo EX30 become a best-seller? Let us know what you think in the comments.<\/p>\n

\n

FTC: We use income earning auto affiliate links.<\/em> More.<\/a><\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Don\u2019t underestimate the Volvo EX30\u2019s small size. As the first EX30 models reach European buyers, Volvo sees it as a best-seller over the next few years. In June, Volvo unveiled its smallest and cheapest SUV, the EX30 (see our review). The Swedish automaker calls the electric SUV a \u201ccornerstone\u201d of its EV plans. Starting at […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/65340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65340"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/65340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65340"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}